Tuesday, Dec 11, 2007
Write down the value of its home lending unit by $1.6 billion in the fourth quarte
bloomberg.com: Washington Mutual to Take Writedown, Slash Dividend
Washington Mutual Inc., the biggest U.S. savings and loan, will write down the value of its home lending unit by $1.6 billion in the fourth quarter and cut about 6 percent of its workforce as mortgage-market losses increase.
Posted by chris @ 02:05 AM (148 views) Add Comment
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