On the recordApril 15, 2010
If an association has a high exposure to credit risk, it is not sufficient to demonstrate that the loans are profitable.
Source
congress.govCarl Levin: “If an association has a high exposure to credit risk, it is not sufficient to demonstrate that the loans are profitable.”
Editor's note · Context
Levin emphasizes that profitability does not exempt banks from scrutiny over credit risks.
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