Warren Says Commercial Real Estate Loans Pose Danger: Video

Feb. 11 (Bloomberg) — Elizabeth Warren, chairwoman of the Congressional Oversight Panel for the Troubled Asset Relief Program, talks with Bloomberg’s Betty Liu about the outlook for community banks that have exposure to commercial real estate loans. Warren, speaking from Newton, Massachusetts, also discusses the need for so-called stress tests on community banks. Commercial real estate loans have potential to go sour and wreck the US economy unless regulators prepare now, according to a report from the watchdog for the federal financial rescue program. (Source: Bloomberg)

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.