Wednesday, June 28, 2006

 

careful with banks (wallstreets secret)

links are to the left so you dont have to save this post.



enter phrase in goog
click the first pdf pennsquare bank,na

think about our huge oil momo,,,,,,,,,,ON TOP of our HOUSING MOMO, credit MOMO

real long worth a read,, a copy paste,, a 'hang it on your walls'-hand it to your kids.

http://www.workers.org/marcy/cd/samecris/eccrisis/eccris02.htm

page 2

"Issues like concentration of loans in industries have became a much greater focus for banks," Hargis said. "Banks have become much more cash-flow oriented, with demonstrated cash flow from existing operations, than they were then. I think back in those days banks tended to be more asset-based lenders, relying too much on projections for the repayment of their loans."

http://findarticles.com/p/articles/mi_qn4182/is_20020711/ai_n10155554





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