Articles About Wall Street Journal

Author:
James I. Clark III
Posted:
04.05.2011

The Fed’s 2010 Profit? A Cool $81.7 Billion

The Federal Reserve made some serious money in 2010. The central bank’s profit soared to $81.7 billion, a record high, primarily from growing interest earnings on federal agency and government-sponsored enterprise mortgage-backed securities.  The Fed’s balance sheet — which also can be monitored monthly — ballooned to $2.43 trillion, up $193 billion from 2009, as […]

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Author:
James I. Clark III
Posted:
05.11.2010

Trouble Ahead for Community Banks

The nation’s small and medium-sized banks – those with under $10 billion in assets – could see a spate of commercial loan failures in coming years, according to a report issued by the Congressional Oversight Panel as part of its supervision of the Troubled Asset Relief Program (TARP).  The panel’s chair, Harvard law professor Elizabeth […]

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Author:
James I. Clark III
Posted:
07.28.2009

Banks Charging Off Bad Commercial Loans at Fast Pace

A new Wall Street Journal analysis shows that U.S. banks are charging off bad commercial mortgages at the fastest pace in almost two decades.  At the current clip, losses on loans that financed apartments, retail centers, offices, and other commercial real estate could total nearly $30 billion by the end of the year. Thousands of […]

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