Washington Mutual Falls to Lowest in 16 Years on Loss Estimate - Bloomberg

Story date: 2008-06-09 05:43:00
Added on: 2008-06-09 20:02:52

June 9 (Bloomberg) -- Washington Mutual Inc. plunged to a 16-year low, leading a slide in mortgage companies, after UBS AG analyst Eric Wasserstrom said the Seattle-based lender is underestimating losses on home loans. Washington Mutual, known as ...


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