Adding more banks to the "problem list"

Discussion in 'Wall St. News' started by cgtrader, Aug 26, 2008.

  1. More to come, well that is just down right surprising!

    You mean when Paulson said the "worst was over" he was lying to us? Come on I don't think he would do that would he!?


    Aug. 26 (Bloomberg) -- The U.S. Federal Deposit Insurance Corp. said its ``problem list'' of banks increased 30 percent in the second quarter to the highest total in five years as more commercial real-estate loans were overdue.

    COMMERCIAL REAL ESTATE IS THE NEXT BIG DOMINO TO FALL.

    http://www.bloomberg.com/apps/news?pid=20601087&sid=afbiu39eNA4E&refer=home
     
  2. Two government executives are talking, one says "you're lying to me Paulson", Paulson says "wait I'm not finished yet".