Peter Pays Paul

Inside commercial hard money lending.

25 Nov

U.S. problem banks rise to 171 at end of third quarter: FDIC: Financial News – Yahoo Finance

Category: Credit Crisis

WASHINGTON Reuters – The number of problem U.S. banks and thrifts jumped in the third quarter to 171, from 117 at the end of the prior quarter, marking the highest level since the end of 1995 and adding to expectations that more banks will fail, regulators said on Tuesday.

It looks like we are not out of the rough yet.

U.S. problem banks rise to 171 at end of third quarter: FDIC: Financial News – Yahoo Finance.

Tags: Banking, Credit Crisis, FDIC


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Posted Tuesday, November 25th, 2008 at 9:32 am
Filed Under Category: Credit Crisis
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