Regional banks: examples of risk from SoCal

Advertisement Regional banks have not suffered the writedowns suffered by the major banks and investment banks due to their lack of derivatives exposure. But, loose lending standards are starting to bite. The LA Times has an excellent story out, which details how the community or regional banks will be affected by the housing slowdown. Notice,
You've hit the monthly limit!! To date, I have supported the site out of my own pocket and through advertising. But to keep the site going, I need your financial support. Please click here to read how you can help. Your support will be greatly appreciated.

Get real time updates directly on you device, subscribe now.

Do NOT follow this link or you will be banned from the site!