Washington Mutual's Profit Falls on Bad Mortgages (Update3) (Bloomberg.com)

Story date: 2007-10-17 04:12:41
Added on: 2007-10-17 19:00:43

Oct. 17 (Bloomberg) -- Washington Mutual Inc., the largest U.S. savings and loan, said third-quarter profit fell 72 percent as the company wrote off bad home loans. The shares fell 4 percent in extended trading.


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