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Surveillance: Bank Capital with PIMCO CEO

Bloomberg Surveillance

00:00

The Competitive Advantage of Commercial Real Estate

Banks are going to be tight for capital, so they can either raise more or sell assets. The most likely scenario is there will be assets to sell in area where we have a big footprint. Dan said that earlier today that he was very keen on mortgages. There'll be mortgages to sell and will be there to try to buy them.

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