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All Posts Tagged With: "WaMu cuts dividend"

Washington Mutual Slashes Dividend, Cuts Jobs

By Jennifer Yousfi
Money Morning

Shares Washington Mutual Inc. (WM) dropped 10% yesterday (Tuesday) after the mortgage lender announced it raised $7 billion in capital, while slashing its dividend and cutting 3,000 jobs.

Seattle-based WaMu, as the savings and loan is often called,…

9Apr2008 | Money Morning | 0 comments | Continued

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