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Sour loans hurt Sovereign earnings

 
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Geshur
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Joined: 04 Jun 2006
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PostPosted: Thu Jul 24, 2008 4:43 pm    Post subject: Sour loans hurt Sovereign earnings Reply with quote

Sovereign Bancorp Inc., the second-largest U.S. savings and loan by assets and the second-biggest financial institution in Monmouth and Ocean counties, said second-quarter profit fell 14 percent as it set aside ...

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