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Bank Profits Soar, Lending Falls As Banks Pay Next To Nothing For Funds


Business  (tags: Bank Bailout, Bank Lending, Bank Profits, Banks, Fdic, Federal Deposit Insurance Corp, Financial Crisis, Sheila Bair, The Financial Fix, Zirp, Business News )

Judy
- 1456 days ago - huffingtonpost.com
Bank profits jumped 21% last quarter to nearly $22 bil, the highest level in 3 years, as banks put away less money to cover future losses, fewer borrowers fell behind on payments and lenders paid the least for their funds in perhaps 50 years...



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