2008-07-15 — wsj.com
"Heading into the opening bell, the market is a miasma of malaise as financials look set for another slump, centered on Wachovia Corp. The Charlotte-based institution is off 15% in premarket activity to $8.39 a share after Oppenheimer & Co. analyst Meredith Whitney cut her rating on the company, saying “we fear the company will have the greatest reckoning with asset re-valuation and/or credit costs.â€"
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