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Written by Jim Randel
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There's been a lot of talk in the media these days that the next shoe to drop in the credit crisis/financial meltdown will be commercial real estate. Two weeks ago there were a couple of moderately-sized defaults on mortgage loans (hotel and retail projects) that were packaged in commercial mortgage backed securities (CMBS). The media seized on this and started worrying out loud about ...
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Read more... [Will Commercial Real Estate Be Next?]
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Ohio and Michigan may be key battleground states this election perhaps because they have the most to gain.
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Read more... [From Factory Town to Forgotten]
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