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Archive Home > 2009 > August > 11 > Report: Bad assets still threaten banks

Report: Bad assets still threaten banks


August 11, 2009

WASHINGTON " Despite signs that the financial system has stabilized, banks remain threatened by billions of dollars of bad loans on their balance sheets, and more could fail if the economy worsens, a congressional watchdog reports. In its latest assessment of the $700 billion financial....

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