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:

1-17-2025

Pedophiles could see death penalty under new House GOP bill: Taken off the streets permanently   Joe Biden: “Today, an oligarchy is taking s...