OTS: US Thrifts Post $47M 1Q Loss; Asset Issues Persist – Wall Street Journal

OTS: US Thrifts Post $47M 1Q Loss; Asset Issues Persist
Wall Street Journal
The Office of Thrift Supervision said the nation's savings and loan companies lost $47 million in the first quarter of 2009, narrowing sharply from a $5.4 billion loss in the fourth quarter and the industry's best performance since September 2007.

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