Sheila Bair on Larry Kudlow's Show: Warnings About Commercial Real Estate Loans

By Harkavy in Bankers, Featured, Regulation
Wednesday, Sep. 2 2009 @ 2:36PM

Here's FDIC Chair Sheila Bair telling Larry Kudlow that commercial real estate loans are a "looming problem" on banks' balance sheets. Which means more and more bank failures the rest of this year and through 2010. At least Kudlow is on her side when it comes to her objections to the Fed's becoming a super-regulator.

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