Home / Post Office / Thrifts lost $3B in 4Q; post record annual loss – The Associated Press

Thrifts lost $3B in 4Q; post record annual loss – The Associated Press

Thrifts lost $3B in 4Q; post record annual loss
The Associated Press
The Office of Thrift Supervision says net losses last year surged to $13.44 billion, from $649 million in 2007. But the fourth-quarter loss was actually better than the $4.4 billion loss in the third quarter. Thrifts last year set aside $38.7 billion

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