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For banks, it's survival of the fittest

Swept up in broader sell-off, Sovereign loses 72% of value

Sovereign Bancorp said it wasn't aware of anything specific that would explain its shares' dramatic slide. Sovereign Bancorp said it wasn't aware of anything specific that would explain its shares' dramatic slide. (Matt Rourke/Associated Press/File 2007)
By Ross Kerber
Globe Staff / September 30, 2008

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In a bruising day on Wall Street, Sovereign Bancorp was singled out for a beating. (Full article: 657 words)

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