Mortgage Losses Cripple Cleveland-Based Bank ***

Apr 22nd, 2008 · National City, a major regional bank with headquarters in Cleveland, has been struggling with subprime mortgage losses. On Monday, the bank announced a huge capital infusion and watched its already depressed stock fall even further. Dan Bobkoff reports from member station WCPN.

Keywords: region · capital · Depression · headquarters · Cleveland’s · Crippling · Mortgage · WCPN · infusion · Subprime · National City · emDan