Are Banks Still In Trouble?
It depends on what you read. I saw an article from CNBC that said the big banks are fine but the smaller community banks face trouble. The Wall Street Journal reported that “Though banks were profitable, there were signs that the credit crisis continues to take its toll. The number of banks on the FDIC’s “problem” list climbed to 305, the highest level since 1994, and the number of loans more than 90 days past due climbed across all major loan categories.”