TALF | Observer

By Eliot Brown 9/29/09 9:05pm

The Other Shoe

Almost from the moment that the financial industry entered its tailspin a year ago, landlords and developers began to sound the warnings that commercial real estate would be the other shoe to drop in the economy. Then early in the Obama administration, regulators threw the real estate industry a bone, expanding a financial rescue program, Read More

By Dana Rubinstein 6/16/09 10:12pm

So Much for TALF! No Takers from New York Fed as First Deadline Passes

“I think it’s fair to characterize this result as disappointing, and a little disconcerting.”

That was the nut of a 5:29 p.m. email on Tuesday from Sam Chandan, chief economist and president of Real Estate Econometrics, and a faculty member at Wharton. He was talking about the incredibly arcane, nearly impossible to understand government program Read More

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The Other Shoe

So Much for TALF! No Takers from New York Fed as First Deadline Passes

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