Washington Mutual Will Take $1.6 Billion Writedown (Update1)
Story date: 2007-12-11 03:00:00
Added on: 2007-12-11 05:00:36
Bloomberg - Countrywide Financial Corp., the biggest U.S. mortgage lender, sold $2 billion of preferred stock to Bank of America Corp. in August. Washington Mutual said it would eliminate 2,600 jobs in its home-loans unit, or about 22 percent of that ...
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SEATTLE -- Washington Mutual Inc., the country's biggest savings and loan, said Thursday it swung to a $1.87 billion loss in...
2008-01-18 01:40:10