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Regulators Admit To Huge Decline In Loan Credit Quality

October 1, 2009 By Craig Stahl Leave a Comment

No End In Sight To Debt Defaults The extent of the continued severe deterioration in loan credit quality was revealed in the Shared National Credits Review, issued jointly by the Federal Reserve, FDIC, Office of the Comptroller of the Currency and the Office of Thrift Supervision. Credit quality declined sharply The credit risk of these […]

Filed Under: Failed Banks, FDIC, problem banks Tagged With: bad loans choking the banking system, credit quality plunges, global dearth of capital

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