Investors hope signs show ease in credit (The Charlotte Observer)
Story date: 2008-04-08 12:09:39
Added on: 2008-04-08 00:29:20
Investors are hoping that a possible $5 billion cash deal for Washington Mutual Inc. and other recent financing moves are signals that credit is finally loosening up again. But what looks like easier credit may just be vulture investors picking over the wounded among the nation's big corporate names. Major financial institutions, such as WaMu, have sold big stakes in their companies to private ...
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