Wachovia Net Drops 10% on Mortgage, Loan Writedowns (Update2)

Story date: 2007-10-19 05:17:00
Added on: 2007-10-19 07:00:32

Bloomberg - Wachovia Net Drops 10% on Mortgage, Loan Writedowns (Update2) By David Mildenberg Oct ... The company's total provision for credit losses rose to $408 million from $108 ... also based in Charlotte, set aside $2 billion in the quarter to cover bad loans ...


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