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2008-04-11 — cnn.com
``The Goldman analysis assumes that WaMu’s mortgage exposure is twice as bad as the market’s. Tellingly, even the so-called best-case scenario - that WaMu mortgage losses are in line with the broader market - leads Goldman to assume the firm is facing $11 billion in losses. That’s why the firm, which has a sell rating on the stock, is advising that investors go short WaMu shares.''
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