Wednesday, October 7, 2009

More Bad Economic News: Gird Thy Loins

Those who pay attention have seen this coming for awhile, and now it's actually starting to crop up in the news: The commercial real estate market is staring down the same sort of financial fallout from bad lending practices that the residential market dealt with last year. And unfortunately, it appears that the lenders did not learn from their mistakes:

Commercial Real Estate: The Coming Storm

Le sigh.

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