Well ,whew that's good what were we thinking?? <table class="copy" border="0" cellpadding="0" cellspacing="0"><tbody><tr id="article_headline"><td colspan="2" valign="top">Geithner: Commercial Real Estate No Crisis </td> </tr> <tr> <td> <table border="0" cellpadding="0" cellspacing="0" width="100%"> <tbody><tr> <td id="article_date" class="article_datestamp" align="left">Tuesday, November 3, 2009 11:05 AM By: Forrest Jones </td> <td class="article_datestamp" id="article_fontsize" align="right">Article Font Size </td> </tr> </tbody></table> </td> </tr> <tr> <td id="article_content" valign="top"> The sagging commercial real estate sector will not lead to another banking crisis, says Treasury Secretary Timothy Geithner. A recovering U.S. economy can offset any lag the commercial real estate slump may have on recovery. </td></tr></tbody></table> http://moneynews.com/financenews/geithner_commercial/2009/11/03/280922.html
Hm. I keep seeing low key stories of the start of the second wave of defaults. (Not that I don't trust Geithner to tell it like it is, but --) Our resident RE specialist might know more. Clyde, where are you?