Financial Institutions: Causes and Consequences of Recent Bank Failures
Description:
A letter report issued by the Government Accountability Office with an abstract that begins "Ten states concentrated in the western, midwestern, and southeastern United Statesall areas where the housing market had experienced strong growth in the prior decadeexperienced 10 or more commercial bank or thrift (bank) failures between 2008 and 2011. The failures of the smaller banks (those with less than $1 billion in assets) in these states were largely driven by credit losses on commercial real …
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Date:
January 3, 2013
Creator:
United States. Government Accountability Office.
Item Type:
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Report
Partner:
UNT Libraries Government Documents Department