Wachovia posted an $8.86 billion second-quarter loss, slashed its dividend and announced 6,350 job cuts after losses tied to mortgages soared. Wachovia has been among the major lenders hardest hit by the nation's housing crisis, following a disastrous $24.2 billion purchase in October 2006 of Golden West Financial, a California mortgage specialist.
read more | digg story
Subscribe to:
Post Comments (Atom)
7-13-2026
WASHINGTON IN SHOCK LINDSEY GRAHAM DEAD 'BRIEF AND SUDDEN ILLNESS' 'I CANT DIE NOW' JUST RETURNED FROM UKRAINE CONSPIRACIE...
-
Secret Service furious at Kash Patel for rushing to announce arrests in UFC plot Breaking: Leaked Alleged Text of Trump-Iran Deal Trump clai... -
Happy Birthday MAGA Erupts in Fury as Full Text of Trump’s Iran Deal Is Revealed Iran-US N... -
Iran takes startling step believing Trump is 'legitimately mentally ill': journalist Iranians say addressing Trump’s 'mental ill...
No comments:
Post a Comment