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Old 11-04-2009, 10:33 AM
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Default "commercial real estate no crisis" says Geithner

Well ,whew that's good what were we thinking??

Geithner: Commercial Real Estate No Crisis




The sagging commercial real estate sector will not lead to another banking crisis, says Treasury Secretary Timothy Geithner.

A recovering U.S. economy can offset any lag the commercial real estate slump may have on recovery.

http://moneynews.com/financenews/gei...03/280922.html
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Old 11-04-2009, 10:59 AM
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Default Re: "commercial real estate no crisis" says Geithner

Hm. I keep seeing low key stories of the start of the second wave of defaults. (Not that I don't trust Geithner to tell it like it is, but --) Our resident RE specialist might know more. Clyde, where are you?
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Old 11-05-2009, 10:49 AM
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Talking Re: "commercial real estate no crisis" says Geithner

TINY TIM also said the IRS is here to help you

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