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October 2, 2008

Growth in Real Estate Lending: 2003-2008

Nice Bloomberg chart of growth in U.S. real estate lending among major U.S. banks. You get a pretty clear idea of how badly timed Wachovia's buy of lender Golden West turned out to be, and how big of an inflection point the event was in Wachovia's declining fortunes.

[via Bloomberg]

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