Washington Mutual sees profit down 75 percent

Story date: 2007-10-05 07:57:00
Added on: 2007-10-05 14:00:23

Washington Post - NEW YORK (Reuters) - Washington Mutual Inc (WM.N), one of the largest U.S. mortgage lenders, said on Friday it expects a 75 percent drop in third-quarter net income because of adverse housing market and credit conditions. The bank, whose shares fell ...


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