Wachovia Corp. officials announced in a news release today that they would cut dividends and jobs — 6,350 in all — after suffering nearly $9 billion in second-quarter losses tied primarily to the mortgage crisis. The news could result in a second economic body blow in a month hitting the St. Louis region. Earlier this [...]
Wachovia Cuts Could Deal St. Louis Second Blow
July 22nd, 2008 · No Comments
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