Diane Garnick, an investment strategist at Invesco Ltd., talks with Bloomberg's Erik Schatzker in New York about Wachovia Corp.'s unexpected first-quarter loss, the outlook for the U.S. financial industry and stock market and U.S. fiscal and Federal Reserve policy. Wachovia said today that it lost $393 million, or 20 cents a share, compared with profit of $2.3 billion, or $1.20, a year earlier.
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Added: Apr 14, 2008 |
| Category: Business |
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