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Home : Business Loan : Franchise Loan : MSN Newsfeeds : Wachovia posts $24 billion loss for 3rd quarter - Lexington Herald-Leader

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Wachovia posts $24 billion loss for 3rd quarter - Lexington Herald-Leader

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NEW YORK — Wachovia Corp. on Wednesday reported a staggering $24 billion loss as it took a goodwill impairment charge of nearly $19 billion ahead of its acquisition by Wells Fargo & Co. The bank reported a loss, after paying preferred dividends of ...

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