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"commercial real estate no crisis" says Geithner

Discussion in 'Financial Cents' started by Tango3, Nov 4, 2009.

  1. Tango3

    Tango3 Aimless wanderer

    Well ,whew that's good [applaud]what were we thinking??[lolol]

    <table class="copy" border="0" cellpadding="0" cellspacing="0"><tbody><tr id="article_headline"><td colspan="2" valign="top">Geithner: Commercial Real Estate No Crisis

    </td> </tr> <tr> <td>
    <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tbody><tr> <td id="article_date" class="article_datestamp" align="left">Tuesday, November 3, 2009 11:05 AM

    By: Forrest Jones </td> <td class="article_datestamp" id="article_fontsize" align="right">Article Font Size [​IMG] [​IMG]</td> </tr> </tbody></table> </td> </tr> <tr> <td id="article_content" valign="top">

    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.
  2. ghrit

    ghrit Ambulatory anachronism Administrator Founding Member

    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?
  3. overbore

    overbore Monkey++

    TINY TIM also said the IRS is here to help you [alllies][alllies][alllies][alllies]

    Laus Deo
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