My question is if delinquencies turn into defaults and reach levels seen back in 1990-1991, what will that do to bank's capital?
Tuesday, April 29, 2008
Delinquency Rates
Posts are going to be a bit short and sweet as I'm finishing up the final chapter in the book. Then comes the editing process and turning all the charts into a standardized format. In the meantime here's a chart I thought we might already be able to surmise. Delinquencies, a forebearer of defaults are growing exponentially;
My question is if delinquencies turn into defaults and reach levels seen back in 1990-1991, what will that do to bank's capital?
My question is if delinquencies turn into defaults and reach levels seen back in 1990-1991, what will that do to bank's capital?
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2 comments:
It means Dr. Bob was right in selling his Bank of America stock back in November???
You are correct, sir!
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