Whatfinger News' Choice Clips - A perfect storm is now hitting U.S. banks. New data reveals that the same distortions that preceded the Lehman collapse in 2008 and the failures of four major U.S. banks earlier this year are currently affecting hundreds of institutions, and creating a crisis that will impact our personal finances, thousands of U.S. businesses, and put the economy and financial markets at serious risk. Current problems in the banking system are reviving uncomfortable memories of the global financial crisis, and the risks of widespread bank failures are higher than at any other period. That’s why Wall Street analysts are pointing the finger of blame to regulators once again.
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