Washington Mutual Sees Profit Down 75%
Story date: 2007-10-05 05:48:00
Added on: 2007-10-05 14:00:25
CNBC - Washington Mutual , one of the largest U.S. mortgage lenders, said Friday it expects a 75% drop in third-quarter net income due to adverse housing market and credit conditions. The bank, whose shares fell 2.2% in premarket trading, said its loan loss ...
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