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@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

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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 • 1 year ago
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Troubled commercial real estate loans outstrip reserves at top US banks
www.businessinsider.com
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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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    28•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
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      14•1 year ago

      You know what they say “privatize the profits, socialize the losses”

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