Officials say Oklahoma banks are solid

 

Published: September 15, 2008

Oklahoma 's economy will not be substantially affected from the credit crisis that led to the bankruptcy of Lehman Brothers , officials said Monday.

Bank failures are expected in several states, but Oklahoma Banking Commissioner Mick Thompson said state banks, for the most part, stayed away from the subprime mortgage market, blamed for much of the country's economic upheaval.

State Treasurer Scott Meacham ...


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