World News

32514 readers

377 users here now

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

founded 5 years ago

MODERATORS

[email protected]

121

Troubled Commercial Real Estate Loans Outstrip Reserves at Top US Banks (www.businessinsider.com)

submitted 10 months ago by [email protected] to c/[email protected]

31 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 13 points 10 months ago (6 children)

The 'reserves' are just money they put away for bad loans. All this means is that they'll have some quarters of lower profits, NOT that they're going bankrupt.

permalink
fedilink
source
hideshow 7 child comments

[–] Tremble 2 points 10 months ago

Lower profits means death

permalink
fedilink
source
parent

load more comments (5 replies)