Washington Mutual Says Third-Quarter Profit Fell 75% (Update5)
Story date: 2007-10-05 01:33:00
Added on: 2007-10-05 23:00:20
Bloomberg - Earnings may be the lowest since the fourth quarter of 1998 on $1.39 billion of bad-loan ... Washington Mutual shares have fallen 21 percent this year as mortgage delinquencies rose to a five-year high and foreclosure rates climbed to a record.
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