They had been dropping at record levels for several months, but a new report says the decline eased slightly in February.
Bank stocks rose Friday, but some question whether the evaluation of the nation’s major banks is tough enough.
Concern about its loan losses – and those of other banks – helped to push the Dow down 3.56 percent on Monday.
The economy is showing positive signs, but the recession is so deep that most 'best case' forecasts still point to a slow recovery.
Some of them, including Lincoln Financial, have bought small banks or thrifts in the hope of qualifying for government help.
Under the new ‘mark-to-market’ rule, banks can consider the value of assets as if they are being sold in an orderly fashion, not in a distress sale.