Banks trying to cope with rise in bad...

Banks trying to cope with rise in bad loans

There are 5 comments on the Chicago Tribune story from Jan 5, 2009, titled Banks trying to cope with rise in bad loans. In it, Chicago Tribune reports that:

First National Bank of Brookfield, like many banks nationally, was being hurt by bad loans.

Join the discussion below, or Read more at Chicago Tribune.

BKB

Mount Prospect, IL

#1 Jan 6, 2009
These bankers were just plain stupid
LadinS

United States

#2 Jan 6, 2009
The banks have a trillion dollars of the house's money to play with. Forgive me if I'm not quite sympathetic enough to them. And I bet the banks had some knock-out Christmas parties a couple of weeks ago.
Reality

Alpharetta, GA

#3 Jan 7, 2009
Isn't it nice to see the banks HAPPY about taking back properties..it is the attitude like this that people should understand the lenders have when it come to residences as well. People need to understand that the banks don't care so long as the goverment is willing to give them a blank check to solve all their problems. For every family that gets help keeping their home, there are 1000 more that lose it everyday and devalue a community or neighborhood.
sartre

East Greenwich, RI

#4 Jan 7, 2009
why the taxpayer is not bailing these guys out? Our current 8.5 trillion liabilities for this mess are bigger than all the money spent on all U.S wars (1776,1812,civil war, wwI,wwII,korea,vietnam,iraq) combined in 2008 inflation adjusted dollars. Tax payers are getting shafted and they don't even know it.
anon

India

#5 Jan 7, 2009
wait till all masses start defaulting credit card/bank loans.

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