Financial company shareholders must feel like second-class citizens now, given how they are being treated as some banks raise capital.It's bad enough that investors in National City Corp. and Washington Mutual Inc. have seen their stock holdings plunge in value and dividends crimped because of the huge losses caused by the housing slump and credit crisis.
May 01, 2008 at 12:00 AM
1 minute read
Financial company shareholders must feel like second-class citizens now, given how they are being treated as some banks raise capital.
It’s bad enough that investors in National City Corp. and Washington Mutual Inc. have seen their stock holdings plunge in value and dividends crimped because of the huge losses caused by the housing slump and credit crisis.
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