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Archive Home > 2009 > May > 30 > Troubled bank loans are at a record high

Troubled bank loans are at a record high

By Floyd Norris / The Bulletin
May 30, 2009

Overall loan quality at American banks is the worst in at least a quarter century, and the quality of loans is deteriorating at the fastest pace ever, according to statistics released this week by the Federal Deposit Insurance Corp.

The report highlighted that even as the government and major....

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