LA CANADA, CA - DECEMBER 11: A customer uses an ATM machine at a Washington Mutual bank December 11, 2007 in La Canada, California. The nation's biggest savings and loan, Washington Mutual Inc. (WaMu), announced plans to lay off more than 3,000 workers and set aside up to $1.6 billion for loan losses in the fourth quarter because of problems in the mortgage and credit markets. WaMu will also reduce its quarterly dividend 73 percent and set aside up to $1.6 billion for loan losses in the fourth quarter. Getty Images logo Getty Images 54 months ago

LA CANADA, CA - DECEMBER 11: A customer uses an ATM machine at a Washington Mutual bank December 11, 2007 in La Canada, California. The nation's biggest savings and loan, Washington Mutual Inc. (WaMu), announced plans to lay off more than 3,000 workers and set aside up to $1.6 billion for loan losses in the fourth quarter because of problems in the mortgage and credit markets. WaMu will also reduce its quarterly dividend 73 percent and set aside up to $1.6 billion for loan losses in the fourth quarter.

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