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AP - Washington Mutual Inc.'s third-quarter profits slid nearly 9 percent, widely missing Wall Street's expectations, as the company continued broad cost-cutting efforts amid a slowdown in the home lending market.
NEW YORK (Reuters) - Wachovia Corp. , the No. 4 U.S. bank, on Monday said it completed its $24 billion takeover of Golden West Financial Corp., the second-largest U.S. savings and loan.