cindy25
07-08-2011, 08:58 PM
most bank failures have been small. but this Chicago bank is much larger. and the asset valuation is 30% below what their cost (loans) were, meaning real estate has dropped 30-40% in Chicago
http://problembanklist.com/first-chicago-bank-trust-closed-illinoiss-billion-dollar-bank-failure-0366/
http://problembanklist.com/first-chicago-bank-trust-closed-illinoiss-billion-dollar-bank-failure-0366/