"lenders still hold vast amounts of loans and repossosseded properties that are vulnerable to further losses". Beginning to think that I am holding a really bad stock. Is there anyone who has information that BB&T has written off a significant part of the crud that they are financing???
I used to manage a branch. I had many corporate loans declined that I thought were good deals. They were extremely thorough and conservative. That being said, the construction lending area seems most likely to have issues. They did not have a strong handle on the risk that department was bringing into the bank.