Tuesday, July 22, 2008

Wachovia reports $9 billion loss

Wachovia reports $9 billion loss

Nation's No. 4 bank misses analysts' forecasts and cuts dividend, but insists it is adequately capitalized. bit like B&B and NR did? they are all liars.....

Posted by mark @ 01:44 PM (615 views)
Please complete the required fields.

2 thoughts on “Wachovia reports $9 billion loss

  • “they are all liars” – yes, and the more they insist that everything is under control the more you can be sure that it isn’t. It’s in their interest to say things like that and to release any bad news in small doses and as late as possible. That’s why you always know that things are worse than they seem.

    Please complete the required fields.

Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>