Archive for July 10, 2009


Commercial Real Estate Bubble to Burst

REPOSTED FOR A DAY LIKE TODAY ……

Warren Speaks
CIT 13% or higher lending costs?

More about CIT dropping off the map into BK….

Is 3% to default of $3 trillion in commercial real estate…?

$30 billion now in default in 2009 – $80 billion ready to drop, soon up to $200 billion in troubled assets on the fence claims Peter Slatin, Forbes financial columnist and editor of the Forbes/Slatin Real Estate Report, says we’re just at the beginning of problems.

The 2007 hype that caused it – private equity over paid.

Ardsley Advisors Managing Partner Peter Avalone says the government isn’t doing enough to prevent the commercial real estate bubble from bursting.
Commercial Real Estate Bubble About to Burst

Roubini: Worst yet to come

Yes now you can live 10 years longer by inhibiting a protein called TOR that plays a key role in cell growth.

Now tests on 600-day-old mice – equivalent to 60-year-old humans – have shown it also extends life expectancy by up to 14 per cent.

Dr David Harrison, of the Jackson Laboratory in Maine. USA, who carried out the research, said: “Rapamycin may extend lifespan by postponing death from cancer, by retarding mechanisms of ageing or both.

“It has implications for treatment and prevention of age-related diseases.”

Oxford University researcher Dr Lynne Cox said: “This is very exciting. Whether it’s sensible to increase lifespan is another matter – perhaps increasing health span might be a better goal.”

But Dr Matt Kaeberlein and Dr Brian Kennedy, of Washington University in Seattle, said healthy people should not take rapamycin to slow ageing because it cuts immunity to disease.

RX INFORMATION

Why not states manufacturer Wyeth who produces Sirolimus.

Sirolimus inhibits the response to interleukin-2 (IL-2) and thereby blocks activation of T- and B-cells. In contrast, tacrolimus inhibits the production of IL-2.

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