Monday, July 14, 2008

Analysts say more U.S. banks will fail - International Herald Tribune

Analysts say more U.S. banks will fail - International Herald Tribune: "As home prices continue to decline and loan defaults mount, U.S. regulators are bracing for dozens of American banks to fail over the next year."
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It is remarkable how little attention the presidential candidates are paying to this situation. I guess it isn't as important as who wears what kind of flag pin.

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