Thursday, September 09, 2010

We may have seen the worst of the banking crisis. The economy and the stock market could have an improved base for growth per the attached article.

The Associated Press: Moody's: Bank writedowns at 2/3 of likely total: "Nonperforming loans, or loans considered seriously past due, were approximately 4.7 percent of loans at June 30, the lowest level in a year."

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