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WaMu says well-capitalized after shares sink (Reuters)

Started by riky, July 15, 2008, 02:42:10 AM

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riky

WaMu says well-capitalized after shares sink
    (Reuters)

 


Reuters - Washington Mutual Inc  said it
is "well capitalized" with more than $40 billion of liquidity
and $150 billion of retail deposits, moving to reassure
investors and depositors after shares of the largest U.S.
savings and loan sank 34.7 percent on Monday.


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