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BANKS SEEK RELAXED RULES TO HANDLE REAL ESTATE LOANS
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WASHINGTON - Commercial bankers beset with souring
real estate loans are seeking the same type of regulatory leniency
that analysts say pushed savings and loan institutions deeper in
trouble.
Meeting in private at a Washington hotel, chief executives of
some of the nation's largest banks asked the Federal Reserve Board
to bend capital standards while they work off losses from sour real
estate loans, according to minutes of the session obtained by The .
The 12-member Federa...
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