Our De-Leveraging Economy
People don’t want to borrow and banks are holding on to their money because the supposed capitalization provided by Uncle Sam is really just being held for the losses coming in 2010 – and, so : ‘Problem’ Banks Rise to 15-Year High on Bad Loans, FDIC Says The U.S. added 111 lenders to its list of “problem banks” in the second quarter, a 36 percent increase that pushed the group to a 15-year high. A total of 416 banks with combined assets of $299.8 billion failed the Federal Deposit Insur
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Tags: Bank, Loan, Money, Uncle Sam