Well, now the government wants to get involved in commercial real estate loan modifcations. Can bailouts be too far behind? Let’s stop the bailout madness. Write, call, fax, AND email your congressional representatives (both House and Senate) and tell them to STOP BLOWING OUR MONEY on these institutions.
If they can’t manage their assets and liabilities, there is always bankruptcy. Click below for more information.
Blair: Feds Finalizing CRE Loan Workout Guidelines – GlobeSt. com
WASHINGTON, DC-Sheila Bair, chairman of the Federal Deposit Insurance Corp., told the Senate Subcommittee on Financial Institutions Wednesday that federal banking agencies are finalizing a guidance on commercial real estate loan workouts. Her comment …
