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U.S. watchdog 'vigilant' as bad loans leap 36%

Story date: 2007-08-23 11:37:00
Added on: 2007-08-23 13:35:03


National Post - WASHINGTON - The Federal Deposit Insurance Corp., the U.S. banking watchdog, said yesterday it is keeping a close eye on the health of the country's major banks after a huge leap in mortgage losses that led to a sharp drop in profits. The FDIC, which ...


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