Washington Mutual Gets $7 billion Capital Infusion (Hartford Courant)

Story date: 2008-04-08 06:46:47
Added on: 2008-04-08 19:51:19

Washington Mutual Inc. , hit hard by rising delinquencies and defaults on mortgages, said Tuesday it will receive $7 billion in new capital from an investment group led by private equity firm TPG but will post a wider-than-expected loss for the first quarter.


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