Bank Rescue Update
Fed Chairman Ben Bernanke’s attempt to drive all cash out of..well…cash and into riskier assets continues apace. The American Banker reports that the market for bad loans is brisk with higher prices. Through the first two months of this year, sales of more than $5.2 billion of residential loans and $1.9 billion of commercial loans [...] View the full post at: Bank Rescue Update Related posts: Troubled Bank Loans at Record Highs Cape Fear Bank Becomes Bank Failure #22 of 2009 European Governments Unveil Massive Bank Rescue Packages
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