GAO report: Bank failures linked to aggressive growth

01/4/2013 | AmericanBanker.com (free registration)

A common thread among small- and medium-sized banks that failed between 2008 and 2011 was rapid growth, over-investment in commercial real estate lending and brokered deposits, according to a Government Accountability Office report. Larger banks studied in the report also suffered as a result of nontraditional residential loans.

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