Look for
another 150-200 U.S. bank
failuresin the current cycle, bank analyst Dick Bove says. He predicts
the FDIC will extract another $22B from banks in assessments over
the coming quarters, which amounts to about 25% of the industry's
pre-tax income.
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Look for another 150-200 U.S.
Posted by as2029 on 23rd of Aug 2009 at 07:05 pm
Look for another 150-200 U.S. bank failures in the current cycle, bank analyst Dick Bove says. He predicts the FDIC will extract another $22B from banks in assessments over the coming quarters, which amounts to about 25% of the industry's pre-tax income.