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BUSINESS | July 23, 2008 Posting Huge Loss, Wachovia Tries to Purge Lending Woes By ERIC DASH Moving quickly to put an end to the spill of red ink, the bank booked an $8.9 billion loss and slashed its dividend in its first quarter under new leadership.
http://www.nytimes.com/2008/07/23/business/23bank.html?ex=1217390400&en=...
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