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...until a few months ago, I thought we were going to pull through this O.K.," says analyst James Abbott, who follows regional banks for FBR Capital Markets. "But now I am scared. For a lot of banks, this downturn does not look survivable...
...There are a large number of community banks that were very active in commercial real estate lending," says Robert Hartheimer, a Washington-based banking-industry consultant. "To the extent that the economy does not recover for a while, these types of loans are going to put a lot of stress on our nation's smaller banks...
...document that a layoff will result from the elimination of the position. According to Omar M. Abdelsamad ’09, who is a student on the advising committee, most of the programming cuts were not essential. “All the advising events you go to have a lot of food, as a rule,” he said. “A lot of that will be gone.” There will also be reductions in lunch funding for freshman academic advisers, likely leading to reductions in “number of lunches people have with their...
...that they’re ending the program. It’s not because of the money, it’s just that I won’t be able to see a lot of these people again and I won’t be able to be around students,” said Robert “Bob” Leathe, one of the exam proctors filing out of Lecture Hall...
...might instead decide not to replace retiring professors. “The only way to save money at the level they need to, is to not hire replacement faculty for faculty who leave,” he said. “One full-time senior faculty member costs a lot of money...