Michael Shedlock via Mish's Global Economic Tre on Wed, 26 Nov. 2008
Inquiring minds are looking at the FDIC Quarterly Banking Profile for the third quarter of 2008. Here are some highlights from the report:Asset-Quality Problems Continue to Depress EarningsNet Income of $1.7 Billion is Second-Lowest Since 1990Loan-Loss Rate Rises to 17-Year HighNet Interest Marg readmore
