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CtW challenges Wachovia directors
The group is asking what the bank's board did to protect shareholders from exposure to mortgage-related risk.
Barclays to meet profit expectations
Barclays PLC said earnings will be in line with consensus, despite a £1.3 billion ($2.7 billion) write-down.
Countrywide posts $1 billion-plus loss
Battered mortgage lender Countrywide Financial Corp. sets aside $934 million for loan losses and write-downs.
Banks to create fund to head off asset sale
The Master-Liquidity Enhancement Conduit seeks to prevent an asset fire sale and to stimulate credit markets.