By Thomas Olson, TRIBUNE-REVIEW
Thursday, January 22, 2009
As part of its acquisition of troubled National City Corp., PNC said yesterday that it would reserve a fourth-quarter provision for credit losses "substantially" lower than the $1.8 billion the bank estimated in October. The exact amount being set aside won't be disclosed until PNC releases earnings Feb. 3.
Nice job, if you know what I mean :)