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Wachovia Follows WaMu, Bank of America Down, Down, Down

Started by morganb · 6 months ago

Wachovia is the latest bank to take massive write down charges for loan loss reverses relating to mortgage lending - adding $1.3 billion to the write down pile in what will be remembered as one of the worst weeks for banks for a long time to come.  From Reuters:
Wachovia Corp posted on Fr ... Continue reading »

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