Archive for September, 2010

Perceptible Progress

The CRE financing market continues to wiggle its way out of the cocoon in which it has been bound.  Maybe a more apt metaphor is that CRE financing market is slowly pulling its legs out of the mud into which it sunk and has been trapped.  If that conjures unpleasant images of dirty feet, how More

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Bernanke testimony reveals solution to TBTF – ask pigs to fly

Bernanke opted for a solution for TBTF which will work when pigs can fly.  He relies on bureaucrats to pull the regulatory trigger to close TBTF banks, which itself may cause all other TBTF banks to simultaneously collapse based on the dynamic of interconnectedness.

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