The three nonbanks all lent heavily to the property business.
In its earlier days, Sterling had many conventional individual depositors and lent heavily to the garment industry.
It lent heavily to apartment developers in Florida and the Atlanta region in recent years, just before those markets turned down.
The commercial banks lent heavily, but following the asset price collapse of 1888, companies that had borrowed money started to declare bankruptcy.
It lent heavily to commercial real estate developers, as well as to leveraged-buyout firms that took on heavy debt.
One is a banking sector willing to lend heavily to even the most indebted companies, provided that they have political connections.
The banks lent heavily from their expanding deposits, with loans rising 21.4 percent last year.
In the 1980's, the banks changed their minds and entered the home mortgage business, and the jusen began lending heavily to real estate developers.
The situation is also threatening the earnings of Japanese and out-of-state banks that lent heavily to California developers in recent years.
Searching for new business, the jusen began lending heavily to real estate developers.