Daily Markets - Financial News And Opinions |
| Posted: 27 Mar 2010 08:01 AM PDT “Regional bank stocks, historically, have been a decent spot to be. Many regional banks actually hold loans they originate and have a great deal of knowledge about the economy in their area. But risks were lurking here, too. After the mortgage meltdown, all bets were off. It turns out that many large banks were taking too much risk through the use of exotic financial instruments. And, judging from the swelling list of failed banks, too many regional banks didn’t have as much of a handle on … [visit site to read more]
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