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IPFS News Link • Economy - Economics USA

Banks Continue To Pull The Rug Out From Under The Economy

02-22-2010 • businessinsider.com/

Today the St. Louis Fed released its latest monthly look at commercial and industrial loans at major banks -- a measure that some would say represents the essence of the US banking system. As you can see, this measure is still falling like a knife -- a bad sign for the ongoing health of the economy. (And also not what we were promised when we bailed out the banks.)

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Reported By Jack Gregson

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