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World News@lemmy.ml · 2 years ago

Troubled Commercial Real Estate Loans Outstrip Reserves at Top US Banks

www.businessinsider.com

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Troubled Commercial Real Estate Loans Outstrip Reserves at Top US Banks

www.businessinsider.com

naturalgasbad@lemmy.ca to

World News@lemmy.ml · 2 years ago

Troubled commercial real estate loans outstrip reserves at top US banks

www.businessinsider.com

The volume of delinquent commercial mortgages held by US banks soared to $24.3 billion last year, up from $11.2 billion in 2022.

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SinningStromgald@lemmy.world
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2 years ago
Yeah, it ends with the littles guys footing the bill for the big guys so they don’t get boo-boo’s. Corporate socialism ho!
- NightAuthor@lemmy.world
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  2 years ago
  You know what they say “privatize the profits, socialize the losses”

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