The U.S. Treasury is secretly working on a preemptive bailout program called Plan C gearing up taxpayers dollars for another toxic mortgage industry that has $3 trillion in loans? The failure of 2008’s residential mortgage bailout should tell you that bailing out CRE loans is a losing cause especially for taxpayers.
The commercial market wont make it through Xmas I don't think. At least I hope not as Ill need to find an empty store to live in to get out of the cold...
http://www.mybudget360.com/fdic-loan-report-and-plan-c-nearly-half-of-the-77-trillion-in-loans-outstanding-at-fdic-insured-banks-are-in-the-form-of-commercial-real-estate-usps-contracting-cre-space-drop-in-restaurant-tr/
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