Washington Mutual Gets $7 Billion From TPG-Led Group (Update1) (Bloomberg.com)

Story date: 2008-04-08 06:57:49
Added on: 2008-04-08 07:06:40

April 8 (Bloomberg) -- Washington Mutual Inc. , the largest U.S. savings and loan, will receive $7 billion from a group led by David Bonderman's TPG Inc. to replenish capital as it confronts more losses tied to subprime mortgages.


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