Writedown News: 17 Jul 2008

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Below are the latest writedown stories from the web. For the full timeline of news, visit my credit crisis timeline.

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Also see my list of Bankrupt Global Financial Institutions.

2008 07 08 IndyMac Falls After Regulators Say It Isn’t `Well Capitalized’
2008 07 09 Fannie Mae Pays Record Spreads on Two-Year Note Sale
2008 07 09 Freddie Mac Dips Below $10 a Share for First Time Since 1992
2008 07 10 U.S. Mulls Future of Fannie, Freddie
2008 07 10 Wachovia’s Capital `Solid’ After Quarterly Loss, Smith Says
2008 07 11 Fortis Ousts Chief Votron After ABN Amro Deal Depletes Capital
2008 07 11 IndyMac Bancorp Is Seized By Federal Regulators
2008 07 11 IndyMac Seized by U.S. Regulators Amid Cash Crunch
2008 07 11 Fannie Sinks, Freddie Recovers in Biggest Trading Day on Record
2008 07 11 Fannie, Freddie Turmoil May Hike Rates, Slow Recovery
2008 07 12 Worst Fears Ease, for Now, on Mortgage Giants’ Fate
2008 07 14 Santander’s takeover of Alliance & Leicester spells shake-up of high street banks
2008 07 14 Alliance & Leicester takeover angers unions and shareholders
2008 07 14 M&T Bank Falls After Second-Quarter Profit Slumps 25%
2008 07 14 National City says not experiencing unusual activity
2008 07 15 Regional Banks Take It on the Chin As Fallout Spreads
2008 07 15 Washington Mutual Drop Wipes Out Most of TPG Holding
2008 07 15 U.S. Bancorp Profit Falls on Higher Credit Losses
2008 07 15 Scramble Led to Rescue Plan on Mortgages
2008 07 15 Meredith Whitney Cuts Wachovia on `Bleak’ Prospects
2008 07 15 First Horizon reports quarterly net loss
2008 07 16 Wells Fargo Profit Exceeds Estimates; Shares Jump
2008 07 16 Marshall & Ilsley posts second-quarter loss of $394 million
2008 07 16 Japan mortgage exposure seen over $95 billion
2009 07 17 J.P. Morgan Chase’s profit off 53%, tops target
2009 07 17 JPMorgan Profit Falls 53% Amid Higher Charges

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