In an indicator of ongoing lending struggles, 91 banks and thrifts skipped their May TARP...

|By:, SA News Editor

In an indicator of ongoing lending struggles, 91 banks and thrifts skipped their May TARP payments - 23 of them for the first time. That's up from 74 banks deferring in February and 55 in November. Twenty banks have missed four or more payments, and eight have missed five. (previously)