Friday, May 21, 2010

U.S. Banks Post Profit, but Woes Persist - WSJ.com

U.S. Banks Post Profit, but Woes Persist - WSJ.com
WASHINGTON—A total of 775 banks, or one-tenth of all U.S. banks, were on the Federal Deposit Insurance Corp.'s list of "problem" institutions in the first quarter, as bad loans in the commercial real-estate market weighed on bank balance sheets.
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This recovery is going well.

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