Arizona Real Estate News Access
All the real estate and mortgage news you need to know in Arizona
Categories:

Archives:
Meta:
December 2025
S M T W T F S
« Oct    
 123456
78910111213
14151617181920
21222324252627
28293031  
09/13/09
The recession’s domino effect
Filed under: General, Business
Posted by: Lillian Wong @ 12:27 pm

If it’s a Friday evening in 2009, chances are regulators, somewhere, are taking over a bank.

Whether it’s in Arizona or Georgia, Illinois or California, the number of shutdowns has been accelerating. When borrowers can’t repay their loans and the value of collateral erodes, bank failures often follow.  more…



Bookmark and Share
Subscribe

share

Leave a Reply