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<blockquote data-quote="konechiwa" data-source="post: 4733365" data-attributes="member: 568044"><a href="http://biz.yahoo.com/ap/080722/earns_washington_mutual.html?.v=8" target="_blank">http://biz.yahoo.com/ap/080722/earns_washington_mutual.html?.v=8</a>Washington Mutual reports 2Q loss of $3.3 billion<a href="http://www.reuters.com/article/marketsNews/idINN2233410220080722?rpc=44" target="_blank">http://www.reuters.com/article/marketsNews/idINN2233410220080722?rpc=44</a>Moody&#039;s investors service puts WaMu debt into Junk TerritoryBetween July 11th and July 14th Wamu stock dropped from 4.95 to 3.23. It has since risen back up to the same level however.<a href="http://www.forbes.com/2008/07/22/wamu-yahoo-wachovia-markets-cx_er_transvideooutlook.html?partner=yahootix" target="_blank">http://www.forbes.com/2008/07/22/wamu-yahoo-wachovia-markets-cx_er_transvideooutlook.html?partner=yahootix</a>&quot;Wamu in flux after loss&quot;moody&#039;s investors say &quot;although WaMu&#039;s financial flexibility has declined, its liquidity is not sufficient.&quot;BTW- WaMu is supposedly doing the same as Wachovia: &quot;WaMu&#039;s report follows a similar move by Wachovia (nyse: WB - news - people ). After posting a $9 billion loss, the firm&#039;s chief executive, Robert Steel, said the company is adequately capitalized.&quot;so whoever said Wachovia is going down....well there you go.</blockquote>

[QUOTE="konechiwa, post: 4733365, member: 568044"] [URL="http://biz.yahoo.com/ap/080722/earns_washington_mutual.html?.v=8"]http://biz.yahoo.com/ap/080722/earns_washington_mutual.html?.v=8[/URL] Washington Mutual reports 2Q loss of $3.3 billion [URL="http://www.reuters.com/article/marketsNews/idINN2233410220080722?rpc=44"]http://www.reuters.com/article/marketsNews/idINN2233410220080722?rpc=44[/URL] Moody's investors service puts WaMu debt into Junk Territory Between July 11th and July 14th Wamu stock dropped from 4.95 to 3.23. It has since risen back up to the same level however. [URL="http://www.forbes.com/2008/07/22/wamu-yahoo-wachovia-markets-cx_er_transvideooutlook.html?partner=yahootix"]http://www.forbes.com/2008/07/22/wamu-yahoo-wachovia-markets-cx_er_transvideooutlook.html?partner=yahootix[/URL] "Wamu in flux after loss" moody's investors say "although WaMu's financial flexibility has declined, its liquidity is not sufficient." BTW- WaMu is supposedly doing the same as Wachovia: "WaMu's report follows a similar move by Wachovia (nyse: WB - news - people ). After posting a $9 billion loss, the firm's chief executive, Robert Steel, said the company is adequately capitalized." so whoever said Wachovia is going down....well there you go. [/QUOTE]

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