WaMu gets $7 billion infusion, cuts jobs, sees big loss
(Reuters)
Source: Yahoo News Published April 8, 2008 @ 8:11am PDT
Reuters - Washington Mutual Inc , the
largest U.S. savings and loan, said on Tuesday it obtained a $7
billion capital injection from private equity firm TPG Inc and
other investors, but that mortgage problems will lead to a $1.1
billion quarterly loss [full article]
