Washington Mutual posts $1.87 bln Q4 loss

Story date: 2008-01-17 03:52:00
Added on: 2008-01-17 17:00:24

Boston Globe - Credit costs are elevated, and are likely to remain elevated for some time." The Seattle-based thrift recorded a $1.96 billion loss in its mortgage unit, reflecting an increase in bad loans, a write-off for goodwill, the costs of eliminating 2,600 ...


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