Day

April 18, 2008

"Eating their own Cooking"

Banks Now Holding — Not Selling — Mortgages They Originate Chefs that eat their own cooking tend to gain weight. So do banks.According to the Federal Reserve, total assets at U.S. commercial banks swelled to more than $11 trillion in early April, up from $10 trillion a year ago. Last month, the growth rate of...
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