Banks Catch a Housing Bounce
Yesterday, most of the major banks came to New York and told major tales of woe. Their net interest margins -- the key metric -- aren't going the right way. Loan growth is little to none. The fiscal cliff hits them square in the pocket. For every good morsel you had two or three bad ones.
It was a clarion call to sell....239 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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