Articles About Global Credit Crisis

Author:
Sam Gould
Posted:
06.03.2010

Wells Fargo, LNR Looking to Sell $2 Billion in Distressed Assets

Wells Fargo & Company and LNR Property Corporation are hunting for buyers for $1 billion each of distressed commercial real estate assets and loans.  San Francisco-based Wells Fargo, the nation’s largest commercial real estate lender, is soliciting bids on $500 million to $1 billion worth of office and hotels.  LNR, the nation’s largest CBMS special […]

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Author:
Tom Silva
Posted:
05.21.2009

“The Giant Pool of Money”

$70 trillion dollars.  That’s all the money in the world, or to get technical, the subset of global savings known as fixed-income securities.  And it almost doubled from $36 trillion in just six years.  How did this happen? The Federal Reserve presided over the creation of what we have learned (the hard way) is a […]

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