Fed Frets Over Commercial Real Estate (Wall Street Journal)
October 7th, 2009
Wall Street Journal:
Fed Frets Over Commercial Real Estate — With Banks Slow to Take Losses, Fears of a Residential-Bust Repeat; ‘More Pain Likely Lies Ahead’ — Banks in the U.S. “are slow” to take losses on their commercial real-estate loans being battered by slumping property values and rental payments …
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