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Day: May 24, 2009

Douglas A. McIntyre | May 24, 2009 at 6:44 AM EDT

The Next Catastrophe For Banks: $3.5 Trillion In Commercial Real Estate Debt

In a long, analytic article about commercial real estate, The New York Post points out that the debt backed by commercial real…

Douglas A. McIntyre | May 24, 2009 at 6:04 AM EDT

Saudi Arabia Sees $75 Oil, Which Would Kill An Economic Recovery

Saudi Arabia’s oil minister expects oil to move back to $75, about 22% higher than it is now. He also…

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