Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (72921)	12/27/2007 12:04:03 PM
From: John McCarthy	Respond to of 116555

Hi EJ Honest ... didn't know that. If you have more - please keep them coming. The part about only putting down 3% kind of blew me away i.e. I thought (somehow) the commercial side of life would be more SANE ... more MATURE .... Again, if you have more examples, please post them ... who knows ... maybe we could steal a thought from those guys that shorted the CDO's and find some commercial side targets to short ... regards, John McCarthy

To: Elroy Jetson who wrote (72921)	12/27/2007 12:24:30 PM
From: Ken98	Respond to of 116555

Yes, but the larger point is that the CMBS markets remain frozen - I know of several commercial buyers trying to close deals by year end that are having difficulty doing so. Deals getting retraded, repriced, etc. Refi risk is real right now and doing those short term deals like Centro was like playing Russian roulette with 5 bullets in the chamber....