CBS Evening News for Saturday, Jul 19, 2008
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(Studio: Priya David) The issue of problems banks examined in light of the recent collapse of the IndyMac bank; details given about the "Texas Ratio" that calculates which banks are in deep financial distress. [Independent Community Bankers of America Paul MERSKY- says the slowing economy has caused bank problems; notes the insured deposits.] [MAN - comments.] [NYU Stern School of Business Lawrence WHITE- comments.]
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