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Archive for October 7th, 2009

BECKLEY— In discussion on another missive there is some talk of commercial real estate and it’s problems.   I’ve heard this for a while now and the numbers for commercial real estate are dismal when you look at them but they’ve been bad for a while. Now the $700 billion of commercial-mortgage-backed securities outstanding are being [...]

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“So, the easy part, in all due respect, is to say we’re going to close Guantanamo. Then I think I would have said where they were going to be taken. Because you’re going to run into a NIMBY [not in my backyard] problem here in the United States of America.” —John McCain, January 22, 2009, [...]

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