Washington Mutual Falls After $1.6 Billion Writedown (Update4)

Story date: 2007-12-11 10:09:00
Added on: 2007-12-11 11:00:22

Bloomberg - Washington Mutual also plans to close WaMu Capital Corp., its broker-dealer business, as well as its mortgage banker warehouse lending unit. It will give $1 billion of the proceeds from the convertible share offering to the Washington ...


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