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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Perspective who wrote (114663)4/3/2008 8:38:25 PM
From: Jim McMannisRead Replies (1) of 306849
 
Bad loans leave small U.S. banks short of capital.

NEW YORK: Small U.S. banks will have to raise tens of billions of dollars this year to cover bad loans, and must choose among three unappetizing options: selling stock or bonds, selling assets or selling themselves.

iht.com
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