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SunTrust Bank: 98% Fall in Net 4th Quarter Earnings

1-23-08 • CalculatedRisk.blogspot.com

SunTrust Banks Inc.'s fourth-quarter net income fell 98% as the company recorded a higher-than-expected $555 million in write-downs and reported soaring credit costs.

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SunTrust Bank: 98% Fall in Net 4th Quarter Earnings

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