Econintersect: It was reported that the banking system had a 7.4% delinquency rate for total loans and leases in 1Q2010. This was an average for the system, and some financial institutions were in relatively good shape – while others were in dire straits. How much of a drag did the shortfall in capitalization caused by the delinquencies slow the economic recovery.
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Source: http://www.dallasfed.org/assets/documents/research/eclett/2014/el1401.pdf