Wednesday, September 1, 2010

Wall Street Journal: FDIC Finds 829 U.S. Banks at Risk

Sep. 1 2010 C1 by Michael Crittenden

"More than one-tenth of total are on 'problem list' as smaller lenders take time to recover."


Add this headline to the latest private sector job report from ADP (see the website Calculated Risk) and increasing early delinquencies for mortgages PLUS a deteriorating housing market and you have recession dip soup version 2!

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