The sub prime mortgage disaster continues and continues and continues...
Breitbart.com: Wall Street to tumble on disappointing results
Wall Street looked to open sharply lower Tuesday after dismal quarterly results from Wachovia Corp. and other blue chips heightened concerns about corporate results amid the ongoing credit crisis.
Wachovia, the nation's fourth-largest bank, racked up an $8.9 billion loss because of charges and reserves for bad mortgage loans.
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