Monday, September 24, 2012

OCC worried banks are padding profits

"I worry that too much of the increase in reported profits is being driven by loan loss reserve releases," OCC Chief Thomas Curry told a Wall Street lobbying group this week.

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Source: http://feedproxy.google.com/~r/housingwire/uOVI/~3/relR523HQxE/occ-worried-banks-releasing-too-much-reserves

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