Reuters: WaMu gets $7 bln infusion, cuts jobs, sees loss

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WaMu gets $7 bln infusion, cuts jobs, sees loss
      

NEW YORK (Reuters) - Washington Mutual Inc, battered by mortgage delinquencies and defaults, said Tuesday it obtained a $7 billion capital injection from private equity firm TPG Inc and other investors, but projected a $1.1 billion quarterly loss and set plans to eliminate 3,000 jobs.
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