Banks face difficulties as commercial loans sour

07/22/2009 | CNNMoney

CIT Group has been in the spotlight as it neared collapsed before securing financing from its bondholders. The lender to small businesses is not alone, but its struggles highlight problems in the commercial-loan market. Souring commercial loans are wreaking havoc on banks of all sizes. From JPMorgan Chase to Sterling Bancshares, banks are dealing with issues related to commercial lending.

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