<p><a href="http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20080912/bs_nm/washingtonmutual_dc"><img src="http://d.yimg.com/us.yimg.com/p/nm/20080912/2008_09_10t135813_450x316_us_wamu_shares.jpg?x=130 &y=91&q=85&sig=xHGnyWdG_EG9RPH0oC3crw--" align="left" height="91" width="130" alt="A woman walks into a Washington Mutual bank in New York, April 7, 2008. (Joshua Lott/Reuters)" border="0" /></a>Reuters - Washington Mutual Inc was
downgraded to below investment-grade status by Moody's
Investors Service, after the largest U.S. savings and loan
projected a $4.5 billion third-quarter increase in reserves for
bad loans but said it has more than enough capital.</p><br clear="all"/>
View the entire article:
WaMu cut to "junk," sees $4.5 billion loss reserve
(Reuters)
WaMu cut to "junk," sees $4.5 billion loss reserve
(Reuters)
Linear Mode
