Bankruptcy Law News
8/28/2008 11:26:06 AM EST
US thrifts 2Q loss of $5.4B is second largest ever
WASHINGTON – (AP) U.S. thrifts lost $5.4 billion in the second quarter and set aside a record amount to cover losses from bad mortgages and other loans.
Data from the U.S. Office of Thrift Supervision released Wednesday show federally-insured savings and loan institutions posted their second-largest quarterly loss ever in the April-June period, … Full version (available to lexis.com subscribers)
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