Megan McGinnis' Blog–Get Connected!

Two Big Commercial Lenders Fail or Do They?

Two Big Commercial Lenders Fail or Do They? CIT and Capmark are the most recent casualties of the commercial real estate sector.  These two commercial lenders filed bankruptcy in the past week. WSJ’s Mike Spector tells Dennis Berman while it’s rare for financial firms to come out of Chapter 11, CIT might be the exception [...]

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No Bailout in Commercial Loans Means Another Crash

No Bailout in Commercial Loans Means Another Crash Analysts are predicting that the government won’t be helping the banks who made commercial loans that are going into default.   It’s not just because the government is out of money either.  The commercial lenders are being told to resolve their problems on their own by negotiating [...]

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