Articles About Financial Statements

Author:
James I. Clark III
Posted:
06.15.2009

Local Banks Facing Significant CRE Losses

Toxic commercial real estate loans could create losses up to $100 billion for small and mid-size banks by the end of 2010 if the economy worsens.  According to a Wall Street Journal report – which applied the same criteria used by the federal government in its stress tests of 19 big banks — these institutions […]

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