Banks and Big Steel. It takes a lot of turmoil to shake these once sturdy pillars of U.S. business. But in the past few years, plenty of trouble has come along to torment some of the most rock-solid names in each of those industries. Economic upheavals ranging from the oil-price slump to the glut of imported steel have forced giant banking and steel corporations to make dramatic adjustments to survive. Unfortunately, not all of them are going to make it. That became painfully clear last week, when the strains of economic change finally caught up with several companies and produced a...
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