Articles About Recapitalize
- Author:
- James I. Clark III
- Posted:
- 06.15.2009
Local Banks Facing Significant CRE Losses
Toxic commercial real estate loans could create losses up to $100 billion for small and mid-size banks by the end of 2010 if the economy worsens. According to a Wall Street Journal report – which applied the same criteria used by the federal government in its stress tests of 19 big banks — these institutions […]
- Author:
- Tom Silva
- Posted:
- 05.20.2009
There’s Method in Warren Buffett’s Madness
Warren Buffett’s loyal followers are wondering what got into the Oracle of Omaha when he told CNBC that this is “a great time to be in banking”, praised Wells Fargo’s massive earning power, and said that the government doesn’t need to provide capital to or nationalize banks. Although some critics dismissed Buffett’s statements as biased because […]