naturalgasbad@lemmy.ca to

World News@lemmy.ml · 1 year ago

Troubled Commercial Real Estate Loans Outstrip Reserves at Top US Banks

www.businessinsider.com

123

Troubled Commercial Real Estate Loans Outstrip Reserves at Top US Banks

www.businessinsider.com

naturalgasbad@lemmy.ca to

World News@lemmy.ml · 1 year 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.

Chat

SinningStromgald@lemmy.world
link
fedilink
arrow-up
36·
1 year 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
  link
  fedilink
  English
  arrow-up
  20·
  1 year ago
  You know what they say “privatize the profits, socialize the losses”

World News@lemmy.ml

worldnews@lemmy.ml

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !worldnews@lemmy.ml

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

1.07K users / day
2.41K users / week
5.68K users / month
13.6K users / 6 months
1 local subscriber
36.8K subscribers
14.7K Posts
131K Comments
Modlog