Michele Kearney's Nuclear Wire

Energy loans likely to cause further losses for big banks The nation's six largest banks have tens of billions of dollars of exposure to risky energy loans that won't all be paid back because low oil prices have sapped the profits of oil companies. … Continue Reading http://www.pennenergy.com/articles/pennenergy/2016/02/hitting-an-oil-slick-energy-loans-likely-to-cause-further-losses-for-big-banks.html?cmpid=EnlDailyPetroFebruary82016&eid=288118515&bid=1303784 Share: