commercial banking

Former Federal Reserve Chairman Alan Greenspan said that the recent slowdown in economic indicators is most likely temporary. "It's more than likely a pause in the usual cyclical pattern," Greenspan said in an interview.

Federal Reserve Chairman Ben Bernanke recently talked about "green shoots" of economic recovery and declared the recession probably over, but some economists fear the worst is yet to come. As bad as the residential real estate crisis was for banks, the impact of failed residential mortgages could...

Have we reached the bottom yet? That's a question that people ask me from time to time. I haven't got an answer yet, but today I have some numbers that may give us an idea. And the preliminary verdict is: No! Why? Because the commercial banking industry in the U.S. is likely to be bankrupt -- by...