Saturday, September 26, 2009

Examining the high rate of failure of SBA loans in the Mother Lode

While it was quite magnanimous for the president of one of our locally owned banks to inform us the other day how diversified their portfolio is, he only mentioned the sub prime market.

I wonder if this was intentional or he just forgot about how highly invested this particular bank is in small business loans.

Just a thought...

No comments:

Post a Comment