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
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