Writedown News: 30 Jul 2008

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

Also see my list of Bankrupt Global Financial Institutions.

2008 07 21 Earnings Fall 44% at Bank of America
2008 07 22 Wachovia Has Record $8.9 Billion Loss, Cuts Dividend
2008 07 22 KeyCorp Posts First Loss Since 2001 After Tax Case
2008 07 22 Fifth Third Reports $202 Million Loss on Higher Loan Defaults
2008 07 22 SunTrust Profit Declines as Borrowers Fall Behind
2008 07 22 Regions Cuts Dividend as Profit Falls on Missed Loans
2008 07 22 BankAtlantic Sues Analyst for Defamation
2008 07 22 Wachovia ends wholesale mortgages
2008 07 22 IKB in new sub-prime write downs
2008 07 22 American Express Declines as Earnings Fall Short of Estimates
2008 07 22 WaMu Has $3.3 Billion Quarterly Loss on Delinquencies
2008 07 23 CIBC sued over subprime investments
2008 07 24 Credit Suisse Profit Falls 62%, Beating Estimates
2008 07 24 WaMu Slumps as Gimme Credit Cites Liquidity Concern
2008 07 24 San Diego Sues Bank of America Over Foreclosures
2008 07 25 Munich Re Drops Most Since 2003 on Asset Writedowns
2008 07 25 Hannover Re Drops Most Since 2001 After Saying Goals Difficult
2008 07 25 NAB rating outlook revised to negative
2007 07 25 National Australia Bank tumbles on new $830m provision
2008 07 25 Wachovia’s Finance Chief Resigns
2008 07 25 National City Posts $1.76 Billion Loss
2008 07 25 Downey inches up after report of possible investor interest
2008 07 28 ANZ hit by credit costs
2008 07 28 Merrill Has $5.7 Billion of Writedowns, Sells Shares
2008 07 30 Northern Rock unveils job losses
2008 07 30 Postbank Second-Quarter Net Falls 21% on Writedowns

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