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WaMu has $3.33 bln loss, may be cut to "junk"

7-22-2008 • Reuters

Washington Mutual Inc, the largest U.S. savings and loan, posted a $3.33 billion second-quarter loss on Tuesday as souring mortgages forced it to set aside more money for loan losses.

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WaMu has $3.33 bln loss, may be cut to "junk"

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