According to Forbes’ recent article, Is Fannie Bailing Out The Banks?,  the critics of the giant banks, say ABSOLUTELY. Close observers charge that Monday’s mortgage-putback deal between Bank of America and Fannie Mae and Freddie Mac is nothing more than a backdoor bailout of the nation’s largest lender. And the even bigger question is whether this just the beginning?
The […]

What appeared to be the worst possible case a few weeks or months ago, for many commercial real estate developers and owners, now appears to be the most likely and negative outcome; vacancy rates are rising sharply with effective rents falling, similarly, with financing options dwindling. Some predict 2009 to be the worst year since ‘91-’92. […]

Less than two weeks ago we posted a mind-boggling article to this Blog that outlined some $4.28 Trillion Dollars that the government was estimated to fork over, to overt a complete financial meltdown.
Incredibly today, Bloomberg News has updated and calculated that new rescue number to be a wopping  $7.4 Trillion Dollars!!!
So here is the multi-trillion dollar question: What will our […]