Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Travis_Bickle who wrote (69950)	10/4/2007 3:58:40 PM
From: mishedlo	Read Replies (1) of 116555

Problems For Banks, Problems For You? globaleconomicanalysis.blogspot.com Anyone with money at Netbank over the FDIC limit can kiss it goodbye. Problems are now brewing at BKUNA with nonperforming assets. BKUNA just warned but loan loss provisions are a joke. At Citigroup, provisions for consumer credit losses tripled. Bank balance sheets need to be watched. Be wary of high rate CDs especially in regards to FDIC limits. Mish

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