Banks are doing better. I hope the troubles of the big banks are behind, and the recent troubles at Chase are not a harbinger of more troubles to come.
From DS News
FDIC-insured banks and savings institutions reported a total profit of $35.3 billion in the first quarter of 2012, a $6.6 billion increase from the $28.8 billion net income reported in the 2011 first quarter. The increase marks the 11th consecutive quarter of year-over-year gains. The number of "problem" institutions dropped to the smallest number since year-end 2009. "Problem" institutions declined from 813 to 772, with total assets of "problem" institutions shrinking from $319 billion to $292 billion. » Read More
SUNIL SETHI REAL ESTATE