2min chapter

Forward Guidance cover image

The Fed’s "Controlled Demolition" of The Financial System | Danielle DiMartino Booth

Forward Guidance

CHAPTER

The Loss of Concentration in Commercial Real Estate

The top 10 banks in the United States, ranked by their exposure to commercial real estate are gone. Eric Rosengren's name was being bandied about as replacing Randy Quarles as vice chair of bank and supervision. It just seems like we've had the wrong policemen on the wrong beats.

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