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WaMu down 75 and Feds Shut NetBank


Constance Lavender
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In more signs of the times, Washington Mutual Bank, the nation's largest consumer savings bank, announced it expects profits to be down a whopping 75% this year.

Also federal authorities shut down the online outfit NetBank, Inc. erasing any doubts on the part of Wall Street analysts of whether or not the bank will survive the year.

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Constance Lavender is an HIV-Positive pseudonymous freelance e-journalist from a little isle off the coast of Jersey; New Jersey, that is...

In the Best spirit of Silence Dogood and Benj. Franklin, Ms. Lavender believes that a free (more...)
 
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