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Mortgage Meltdown and Credit Crunch Takes Toll on Toll Bros., Lehman
By Staff WriterToll Brothers, the nation's largest builder of luxury homes announced that its third quarter earnings were down 84%. Year-to-date earnings are down $26.5 million the company said, attributing the losses to the downturn in the luxury home market and the credit/liquidity crunch, and sales are down 21% from a year...
