Mortgage Woes Continue to Wallop WaMu (HispanicBusiness.com)
Story date: 2008-07-23 09:52:38
Added on: 2008-07-23 13:15:39
Washington Mutual Inc. reported the biggest quarterly loss in its history -- $3.3 billion in the second quarter -- as it furiously stuffed more money into loan-loss reserves in an effort to keep ahead of a rising tide of mortgages gone bad.
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