Comments on: Danger to banks from commercial mortgages still climbing

By: elziller

elziller — Wed, 12 Aug 2009 16:53:39 +0000

Jim, thank you for covering this – I would like to get more of your thoughts on this, and its relation to commercial construction – I really enjoy your critical thinking commentary and your coverage of markets. I work in commercial construction, and we are seeing the beginnings of a potential tidal wave with ripple effects (to mix my metaphors-sorry) in our industry. As the second largest employer (only to the government) I am concerned that the potential impacts are not fully realized here…. North Texas has been insulated to an extent regionally from the housing chaos, but this issue (commercial loans) will be an across-the-board slice to a lot of throats… I am very leery, to say the least, of the impacts this can have to our nation! Keep up the good work, really enjoying the new site.

By: garyd

garyd — Wed, 12 Aug 2009 15:53:08 +0000

Jim,
Great to have you back. Your absence was noticed by many.
On an unrelated topic (and I am not sure you even care) but on MSN they just posted the performance results for the Jubak Picks for the 2nd quarter and I think the 1 year and the 3 year numbers for the Jubak Picks are wrong.
In any event, welcome back.
Gary D.

By: IamCOZ

IamCOZ — Wed, 12 Aug 2009 13:53:27 +0000

Are these delinquencies due to businesses failing under the current economic pressures, or because of the same types of loan practices that happened in the housing market?