Articles About U.S. Banks
- Author:
- James I. Clark III
- Posted:
- 07.28.2009
Banks Charging Off Bad Commercial Loans at Fast Pace
A new Wall Street Journal analysis shows that U.S. banks are charging off bad commercial mortgages at the fastest pace in almost two decades. At the current clip, losses on loans that financed apartments, retail centers, offices, and other commercial real estate could total nearly $30 billion by the end of the year. Thousands of […]