thry are going to have to eat all those foreclosures at somepoint,that tarp money was sort of the last supper before the guy gets the electric chair
We have not yet heard about Commerical....we should start to see that Dragon in the 4th quarter or so. The banks can't hide there exposure much longer.
That´s why I asked : Loan Loss Reserve / Total Loans for all U.S. Banks is falling for first time since 2006... http://research.stlouisfed.org/fred2/series/USLLRTL?cid=93