Wachovia, National City shares tumble on bailout, WaMu (Reuters)

26 September 2008, 8:32 am

NEW YORK (Reuters) - Shares of Wachovia Corp and National City Corp tumbled on worries about heavy mortgage losses, as talks on a $700 billion financial sector bailout bogged down and regulators seized Washington Mutual Inc in the largest bank failure in U.S. history.... read more

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