Posts Tagged ‘earnings’
CRE Videos of the Week
The world’s largest warehouse operator reporting earnings, with Walter Rakowich, Prologis CEO. Are industrial facilities industrial strength?
Treasury Secretary Timothy Geithner offers his opening statement to the Senate Finance Committee hearing on the President’s idea to levy a bank tax, the Financial Crisis Responsibility Fee, on large banks that would be available to fund any future bailouts.
Will the Real Book Value Please Stand Up?

In the last 18 months, banks’ balance sheets were decimated by having to “write down” the values of perceived “toxic assets” that were on their books. This led to the devaluation in bank stocks, which tightened the grip on credit harder than Shawne Merriman’s hands on Tila Tequila. The (literal) collateral damage? In the hundreds of billions. We now collectively refer to this debacle as the credit crisis. But could the resurgence of the market for distressed assets lead to a quick reversal of fortune for both banks and the real estate industry as a whole? Read the rest of this entry »



