Cota 1061 » Blog Archive » JPMorgan to cut up to 12000 jobs
Among its commercial business, JPMorgan said its construction and development portfolio is the greatest area of concern, with losses expected to rise through 2010. The bank also anticipates waning demand for commercial loans as …
MONETIZE THIS! « Phil’s Favorites
What is extraordinary is that the money is being used to make commercial loans . If the Fed can come up with $1.2 trillion to “monetize” private promissory notes, argues Ben Gisin, there is no reason it could not come up with $900 …
BOA, $44 Billion In Upside Down Loans « Zionistgoldreport’s Weblog
Along with losses from mortgages and other consumer loans , the bank said it holds $6.45 billion in impaired commercial loans , up from $2.14 billion at the end of 2007, according to the report. Separately, Bank of America’s investment …
Getting a Business Loan | Bercle George
Secured business loans or commercial loans are designed for a wide variety of small, medium and startup business needs including the purchase, refinance or expansion of a company. Business loans are similar to a commercial mortgage in …
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