FDIC Chairwoman Bair Too big to fail has become worse. Its become explicit when it was implicit before.
Treasury Sec. Geithner Most consequential choices involve shades of gray, and some fog is often useful in getting things done.
According to a June 11, 2009 article in the American Banker problems in the commercial real estate market overshadowed other signs of a recovery in financial markets, according to a Federal Reserve report released June 10. The central bank’s Beige Book, a report on economic activity in its 12 districts, found that the commercial real [...]
According to July 3, 2009 article on Calculated Risk the FDIC closed seven more banks yesterday, and the following graph shows bank failures by week for 2009. So far there have been 52 FDIC bank failures in 2009. It appears the pace has picked up lately (12 bank closings over the last two weeks). Note: [...]
On Wednesday, May 13, 2009 the LA Times published a story entitled: Sour commercial real estate loans threaten to hurt regional banks. The story deals primarily with an update on the smaller community and regional banks that, with a few exceptions, couldn’t compete in the residential mortgage market during the housing bubble, so they focused [...]
According to a Data Dispatch by SNL Financial on March 18, 2009, the delinquency rate of nonresidential real estate loans held at banks continues to lag behind the delinquency levels of residential real estate loans, prompting discussion whether commercial real estate is “the next shoe to drop.” On March 3, 2009 bankers at the Sandler [...]
