GMG 3.22% $33.37 goodman group

watch it all come crashing down, page-3

  1. 102 Posts.
    yes, I love to save people, check it out, and read the section that says

    "The Congressional Oversight Panel said in its latest monthly report that toxic loans and securities continue to pose a threat to the financial system, particularly for smaller banks that face mounting losses on commercial real estate loans."

    http://www.reuters.com/article/wtUSInvestingNews/idUSTRE57A0JO20090811

    Then do a search on commercial property in the US, bloomberg has a nice piece form a CRE broker explaing the trouble they are now in.

    If Congress is worried don't you think you should at least take a second look at this market before poring money into it.

 
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