Article: 'Not easy being a banker'

RICHARD NEWMAN, STAFF WRITER
The Record (Bergen County, NJ)
02-12-2009

'Not easy being a banker' -- N.J. regulator: Be vigilant on loans
By RICHARD NEWMAN, STAFF WRITER
Date: 02-12-2009, Thursday
Section: BUSINESS
Edtion: All Editions

The state's top bank regulator warned New Jersey bankers Wednesday that economic problems will persist "for the foreseeable future."

"On days like today it's not easy to be a banker," Steven Goldman, commissioner of the state department of banking and insurance, said to more than 50 lenders who attended the second annual Bankers Legislative Day in Trenton.

Job losses are accelerating (New Jersey shed more than 15,000 jobs in December) and a credit crunch is ...

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