Thursday, July 17, 2008

10 Banks that Could Go Under

From Consumerist comes a list of banks of bad loans. Their ratio is higher than 1oo, which is come up by dividing the bank's bad loans by the sum of its tangible equity capital and loan loss reserves or "Texas-ratio." Any bank with a ratio higher than 100 means they have more bad loans on the books than money to pay for them. The good news is that all the banks are FDIC-insured.

1 comment:

Lajuana said...

Well said.