WaMu recorded $5.9 billion of provisions last quarter. As of June 30, it had $11.2 billion of so-called nonperforming assets, or 32 percent more than its $8.5 billion allowance. A traditional rule of thumb is that when a bank's allowance is less than nonperforming assets, it's a sign the bank might not be setting aside enough reserves.
read more | digg story
Subscribe to:
Post Comments (Atom)
2-15-2026
Pentagon threatens to cut off Anthropic in AI safeguards dispute Kristi Noem says she will ensure the ‘right people’ vote in midterms and ...
-
They're saying F-U to Congress, essentially read more | digg story
-
“In the Shitter”: Democratic Rep. Reads Out Entire List of Trump Crimes - Representative Jasmine Crockett used Republicans’ Biden impeachm... -
A lot of criticism was given to the Bush Administration for proposing a 3-page bill to address the financial markets. While I had some criti...
No comments:
Post a Comment