Investor's Business Daily (03/17/08) P. A1
The Federal Deposit Insurance Corp. (FDIC) has put insurance losses from bank failures at $1.06 billion this year and $450 million in 2009. To ease the rising tide of foreclosures, FDIC Chairman Sheila Blair notes that "more aggressive intervention" may be required. In addition, Fitch Ratings notes that banks' home equity loan losses continue to mount.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment