September 14, 2010 – Despite the fact that banks have already taken huge losses on bad loans, Moody’s Investor Service estimates that the US banking industry still needs to recognize an additional $268 billion in losses on defaulted loans. According to Moody’s, banks will write off a total of $744 billion in bad loans through […]
Future Banking Industry Losses On Bad Loans Estimated At $268 Billion
September 14, 2010 By Leave a Comment