Wachovia posts surprise loss, raises $7 billion (Reuters)

[riky]

Wachovia posts surprise loss, raises $7 billion
    (Reuters)

 

<p>You are not allowed to view links. Register or LoginReuters - Wachovia Corp  posted a
surprising first-quarter loss on Monday as credit problems from
mortgages and other debt soared, prompting the fourth-largest
U.S. bank to raise $7 billion of capital, slash its dividend
and cut jobs.</p><br clear="all"/>


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