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May 12, 2009 | Posted by: roboblogger

Local banks brace for defaults

Full story: Triangle Business Journal

RALEIGH Local banks, facing what some lenders call "deteriorating" economic conditions especially in real estate have been setting aside cash in anticipation of more bad loans on the horizon.

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Virgo

At some point today you'll enjoy working on a pastime or getting together with a group of kindred spirits. This will help you to relax and remind you that there's much more to life than mundane chores and a need to pay the bills. A friend is full of quiet commonsense that's well worth listening to, even if it won't set the world alight.

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