Relevant:
- Analyst who got U.S. meltdown right is ringing alarm bells again.
- U.K. Regulator Proposes Ban on ‘Self-Cert’ Mortgages
- The $9.7 Trillion Pledged to Fix the Financial Mess Could Have Paid off 90% of America’s Mortgages, Report Says
- JPMorgan Defends Big Banks Lending Levels
- China Banks Show Too-Connected-to-Fail Link to Loans
2015-11-09 — sovereignman.com
``This is part of an annual report they publish called the Shared National Credit (SNC) Review. And in this year's report, they identified a huge jump in risky loans due to overexposure to weakening oil and gas industries... The total exceeds $3.9 trillion worth of risky loans that US banks made with your money. Given that even the Fed is concerned about this, alarm bells should be ringing.''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.