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The same bad debt and problems that brought about the residential mortgage crisis may soon bring about the commercial real estate bust.
Malls across the country are being forced into foreclosure, as well as hotels and other commercial properties.
A problem facing commercial mortgages is that, …

Today, Friday November 21, the Dow ended over 6.5%, or 494 points, up today. The best guess as to why the sudden change in heart by investors is that Obama is likely to name his treasury secretary sometime soon.
He is likely to announce New York …

Multi-billionaire Warren Buffet is telling people to buy American stocks even though the economy is in the toilet. He is even practicing what he preaches by buying into American companies. He went on to say, "If prices keep looking attractive, my non-Berkshire net worth …

Just after midnight Congressional leaders and members of the Bush administration came to a tentative deal on the bailout. Nancy Pelosi even said all that had to be done was for the agreement to be put on paper. Even treasury secretary Paulson said …

Well it’s happening…the government is taking over Fannie Mae and Freddie Mac as soon as tomorrow…well this morning. These two mortgage lenders either back or actually hold HALF of the country’s mortgage debt…and they’re obviously in trouble. According to the AP, a government bailout …