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Real Estate & Property Law

: Housing Wire

Banks, Thrifts Endure a Brutal Q3

By DIANA GOLOBAY

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Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation reported net income of $1.7 billion in the third quarter of 2008, a 94 percent decline from the same quarter last year, according to the FDIC’s third-quarter banking profile, released Tuesday. The third quarter marked the lowest earnings for the industry since the [...]

Full post as published by Housing Wire on November 26, 2008 (boomark / email).

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