Friday, August 01, 2008

Washington Mutual Bloated Values Don't Fool Investors

With goodwill like Washington Mutual Inc.'s, it's no wonder investors are getting such bad feelings about the company's finances. Shares of the Seattle-based savings and loan have fallen 89 percent the past year to $4.43, leaving the company with a $7.6 billion stock-market value. The stock's plunge must be a horrible mistake if we are to believe t

read more | digg story

No comments:

11-6-2024

X Is a White-Supremacist Site   Elon Musk’s false and misleading election claims have been viewed 2 billion times on X President Trump's...