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Management is typically late to the party in recognizing the appropriate loan loss reserves for its portfolio. With so much lending in the commercial real estate area, it's that eventual shoe dropping that will sound like an explosion.
The 3rd quarter non-accruals will be minor compared to 4th quarter and beyond. They needed that capital injection. Rating :
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The tip of the iceberg is starting to show---
Subseq...
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analyst112 |
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31-Aug-09 01:11 pm | ||
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Re: BE CAREFUL WITH PACW
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jomama_1915 | (1 Rating) | 31-Aug-09 05:36 pm |
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