Bank Sector NYT 7.15.08


	Bank Sector NYT 7.15.08
bomltpsiy
7-15-2008 8:17 AM
38 views
Add a Comment
Login to Comment. Not a member yet? Sign up
View the Top Clips from July 15, 2008
Embed This Clip In Your Site...
<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/43118828-b4d0-4fed-9e32-f5b7e105e911/666D2027-15AD-4EA4-8E1A-018A68EC1D21/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.nytimes.com/2008/07/15/business/15bank.html?_r=1&th&emc=th&oref=slogin" href="http://www.nytimes.com/2008/07/15/business/15bank.html?_r=1&th&emc=th&oref=slogin" style="font-size: 11px;">www.nytimes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/07/15/business/15bank.html?_r=1&th&emc=th&oref=slogin"> <A title="More information about Washington Mutual Inc" href="http://topics.nytimes.com/top/news/business/companies/washington_mutual_inc/index.html?inline=nyt-org">Washington Mutual</A>, the nation’s largest savings and loan, lost more than a third of its value, prompting the lender to issue a statement that it was “well capitalized.”</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/07/15/business/15bank.html?_r=1&th&emc=th&oref=slogin"><div align="center"><img src="http://content7.clipmarks.com/blog_cache/www.nytimes.com/img/F01E2F46-8E14-4137-B09A-3823035C8A20" alt="Close" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/07/15/business/15bank.html?_r=1&th&emc=th&oref=slogin">Several bank analysts issued dire warnings about the banking industry, particularly smaller, regional lenders</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/07/15/business/15bank.html?_r=1&th&emc=th&oref=slogin"><A title="More information about Washington Mutual Inc" href="http://topics.nytimes.com/top/news/business/companies/washington_mutual_inc/index.html?inline=nyt-org">Washington Mutual</A>, the nation’s largest savings and loan, lost more than a third of its value, prompting the lender to issue a statement that it was “well capitalized.”</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/07/15/business/15bank.html?_r=1&th&emc=th&oref=slogin"><div align="center"><img src="http://content8.clipmarks.com/blog_cache/www.nytimes.com/img/A381B80B-7D34-41F0-B5A5-69C15A03DA4F" alt="Close" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/07/15/business/15bank.html?_r=1&th&emc=th&oref=slogin">There were no indications of mass withdrawals at the Ohio bank or any others aside from IndyMac, the lender based in Pasadena, Calif., which was seized by regulators last week</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/07/15/business/15bank.html?_r=1&th&emc=th&oref=slogin">More bad news is likely this week from large banks like <A title="More information about Citigroup Incorporated" href="http://topics.nytimes.com/top/news/business/companies/citigroup_inc/index.html?inline=nyt-org">Citigroup</A>, which are expected to report bleak quarterly earnings.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/07/15/business/15bank.html?_r=1&th&emc=th&oref=slogin">She emphasized that the number of failed banks still appears to be significantly less than those closed in the 1980s. Some banks may avoid failing because they are purchased just in time.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/666D2027-15AD-4EA4-8E1A-018A68EC1D21/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
Clipmarks: Home; New Clips; Top Clips; Dashboard
Popular Topics: News; Life; Science; Technology; Entertainment
Get Started: Sign Up; Install Clipping Tool; How Clipping Works; Clip-to-Blog™; ClipSearch
Tools and Resources: FAQ; ClipWeek; Top Clippers; Top Tags; Site Map
About Clipmarks: About Us; Contact; Blog; Copyright; Privacy; EULA
Search Options

Related Clips

More clips from bomltpsiy

Today's Top Clips
