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  • I.O.U.S.A
  • In Debt We Trust
  • Max Out
  • Out of Balance
  • The Corporation

Thursday, April 22, 2010

Mish's Global Economic Trend Analysis: How Safe Is Your Bank? Texas Ratios of 7,500+ Banks

Mish's Global Economic Trend Analysis: How Safe Is Your Bank? Texas Ratios of 7,500+ Banks

1 comment:

  1. Texas ratio is a formula where loans that are near defaulting (90 days) or are defaulting is divided by the equity of the bank (stocks, shares and properties even inventory) plus the loan reserve (reserves in case of customer defaulting which is usually 10% of the total loans)...it is considered that anything that is 100 or above is not good and is a signal of poor financial health...well there are more than 7 500 banks check if your bank is one of them...in california, texas and florida many of these banks have been shut down already i mean went out of business ....

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