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Bank Failures Could Reach 1,000: RBC Analyst
Feb 10, 2009In 2008, RBC Capital Markets’ analyst Gerard Cassidy forecast 200 to 300 bank failures, and we thought that was devastating — until now. Cassidy said Monday the economic environment has further deteriorated and more than 1,000 banks may go under during the next three to five years, as loan losses rise. “There are billions of dollars of losses embedded in the system, and the system has to flush them out,” Cassidy said, according to Bloomberg.
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Texas AG Wants Crackdown on Foreclosure Rescue Scams
Jan 05, 2009 -
Watching a Price Correction, in Real-Time
Dec 30, 2008 -
Tech Roundup: First Am Launches Post-Settlement Platform
Dec 29, 2008 -
Viewpoint: The ‘Top 5’ Foreclosure Myth
Dec 15, 2008 -
Two More Banks Fail; C&D Loans to Blame
Dec 15, 2008 -
LPS Sees Fee-Splitting Lawsuit Dismissed
Dec 03, 2008 -
Take the foreclosure and run
Nov 21, 2008 -
“High Touch” Servicer Expands to 47 States
Nov 14, 2008 -
Fed’s Fisher: Fed Assets May Top $3 Trillion by Next Year
Nov 05, 2008 -
Barrett Daffin et al Partner Named to “Best Lawyers” List
Oct 22, 2008
