Banc West Has No Special "Vulnerability"

Any limited set of numbers can be taken out of context to reach a faulty conclusion. Of the dozens of ratios used to measure a bank's financial health, "Is Wachovia's plight a warning?" (News: Analysis & Commentary, July 3) picked three, then used them to construct a list claiming to identify banks most "vulnerable" to a recession because of poor loans. BancWest Corp. was on that list.

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