WASHINGTON — Wachovia Corp. lost a staggering $8.9 billion in the second quarter of this year, leading the nation’s fourth-largest bank to cut its dividend and slash 6,350 jobs in response to mortgage-related losses.
Wachovia posts $8.9B loss for 2nd quarter
Tuesday, July 22, 2008 | 8:38 p.m. CDT;
updated 8:56 p.m. CDT, Tuesday, July 22, 2008
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