Tuesday, September 30, 2008

And yet more good news?

I guess one person's misery is another's opportunity. David Bodamer points out that the level of outstanding CRE debt is continuing to rise. Moreover, he notes a WSJ article that vulture funds are planning to buy assets in advance of any bailout.

Again, some very smart people have said we need government intervention, which is against my base beliefs but acceptable to prevent a meltdown. But isn't the market another possible solution?

0 comments:

 
-