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Small Banks, Tight Credit
Late loan payments and defaults by commercial and residential developers have soared to the highest levels since the early 1990s, threatening the health of some small banks, regulators said yesterday.
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By Binyamin Appelbaum and David Cho
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Small Banks, Tight Credit
Late loan payments and defaults by commercial and residential developers have soared to the highest levels since the early 1990s, threatening the health of some small banks, regulators said yesterday.-
By Binyamin Appelbaum and David Cho