Why banks still teeter, after $232 billion in aid

Quicklink submitted By       Message Margaret Bassett     Permalink
Related Topic(s): ; ; ; ; , Add Tags

View Ratings | Rate It

opednews.com

Author 4629
Become a Fan
  (30 fans)
Banks sought billions in taxpayer assistance last year because of their losses in the mortgage and housing markets. Now, they are getting pinched by the recession as consumers miss payments on credit-card bills, developers default on loans for new office towers, and a rising number of companies go bankrupt.

Read the rest of the story HERE:

At www.csmonitor.com

- Advertisement -
- Advertisement -