Quoting the Crisis30/09/2009
“ Net charge-offs, the debts a bank decides are uncollectible, stood at 0.20 percent of all loans for small banks. Big banks, by contrast, wrote down eight times that percentage of the loans on their books. „
Breakingviews.com - Smaller Banks Outperforming the Big Ones - NYTimes.com
Quote posted at 15:02
