…back in 2008 and early 2009, Spanish regulators were riding high after their country’s banks seemed to have dodged the financial crisis with minimal losses.…
Inadequate Loan Loss Reserves: You Read It Here First
June 30th, 2011
By David Goldman
“Bad Mortgages Weigh on Banks” is the headline of Nick Timiraos’ WSJ report that nearly 20% of US banks’ mortgage holdings are delinquent.
U.S. banks hol…
