Non-performing loans is banker-speak for bad loans. And when bad loans soar, it's an indication that the economy isn't doing so well (understatement of the year)...which means banks aren't doing well, either.
Thursday, January 7, 2010
Non-performing loans
Non-performing loans is banker-speak for bad loans. And when bad loans soar, it's an indication that the economy isn't doing so well (understatement of the year)...which means banks aren't doing well, either.
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