Sandcastle Bust Signals Pain at Banks as BP Spill Hits Florida
Posted by: in Mortgage Loan News, tags: Banks Florida, Bloomberg, Bp, Bust, Excerpt, Florida News, Florida Panhandle, Goo, Gulf Coast, Losses, News Sources, Real Estate, Smother, SpillNews Sources wrote an interesting post today on
Here’s a quick excerpt
June 9 (Bloomberg) — Just as Gulf Coast banks were beginning to rebound from hundreds of millions of dollars of losses on real estate, a wave of toxic goo approaching the Florida Panhandle may smother some of their progress.
Read the rest of this great post here




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