Bank Failures Real Estate Defaults Jobs All Sustainable Economic Obstacles

As of October 29, 2009, over 106 bank failures in 2009 with assets totaling $107.1 billion and at a cost to the FDIC's Deposit Insurance Fund of $26.89 billion. Overall there is an estimated $3.5 trillion or more of outstanding debt associated with U.S. Commercial real estate. The delinquency rate on commercial property loans pooled together into investments is well over $750 billion considered...