Some Large Banks Are ‘Like Dead Men Walking’
February 13th, 2009
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http://www.nytimes.com/2009/02/13/bu…t.html?_r=1&hp By STEVE LOHR Published: February 12, 2009 Some of the nation’s large banks, according to economists and other finance experts, are like dead men walking. A sober assessment of the growing mountain of losses from bad bets, measured in today’s marketplace, would overwhelm the value of the banks’ assets, they say. The banks, in their view, are insolvent. None of the experts’ research focuses on individual banks, and there are c
