Commercial Real Estate Bubble

Oct
25
2009
By Logistics Monster

Capmark Files Chapter 11

Politics, , ,
Here we go kids - with all the hullabaloo about a national emergency for a milder version of the seasonal flu, Cheney's comments about the resident, Joey Biden off to a GM plant on Tuesday, and the war on Fox News; the collapsing commercial real estate market may just fly under the radar. Capmark Financial Group Inc. Seeks To Restructure Balance Sheet Through Chapter 11 Reorganization Process (Reuters) HORSHAM, Pa.--(Business Wire)-- Capmark Financial Group Inc. ("Capmark") today announced that Capmark and certain of its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in…
Read More
Aug
21
2009
By Logistics Monster

Today’s AYFKM? Award Goes To Ben Bernanke…

Politics, , ,
...for the continued audacity of diversion that The Fed and this administration have become known for.  So far this year, 77 banks have been closed and the last report dollar amount in the F.D.I.C. account was $13 Billion at the end of March with numerous bank failures since then.  The dollar is weakening because Bernanke and his buddies are pumping trillions into our economy and now the F.D.I.C. wants to loosen rules so that private equity firms can buy banks.  Now why would that be?  Could it be because F.D.I.C. is broke and we are on the verge of the…
Read More
Jul
11
2009
By Logistics Monster

It Did Not Just Happen By Accident

Politics, , , , ,
A few days ago I posted this story about the impending commercial real estate bubble collapse.  Add the following editorial from Larry Kudlow of National Review Online and you will see what I have been seeing since the beginning of 2006 when my hours were cut the first time. I am only quoting the most salient points, so I suggest you wander over and read the whole article, all the while keeping in mind, that no single administration or succession of administrations could possibly be so stupid as to drive America into extinction by accident. Then add the young lawyer…
Read More
Jul
09
2009
By Logistics Monster

And Now For The Commercial Real Estate Bubble

Politics
Remember this back on 4.24.09: The Commercial Real Estate Bubble…Coming To A Bank Near You I know you folks are very savvy, paying attention, and doing math with a real pencil instead of a red crayon, so what comes next is NO SURPRISE to you.  Are we all ready for the next part of the rollercoaster ride when the commercial real estate bubble implodes? If you still have money in the stock market, why is that? (Once again, bold emphasis is mine, and may I repeat how screwed we are?) Well today, 7.9.09, we have this: Commercial real estate woes…
Read More

Bad Behavior has blocked 1682 access attempts in the last 7 days.

No widgets found. Go to Widget page and add the widget in Offcanvas Sidebar Widget Area.