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TheStreet Picks
Wachovia Posts Big Loss Ahead of Merger
By TSC Staff
10/22/08 - 08:58 AM EDT
Wachovia on Wednesday reported a net loss of $23.9 billion in the third quarter, as the Charlotte, N.C., bank took an $18.8 billion goodwill impairment charge ahead of its planned merger with Wells Fargo.
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