The Debts of the Spenders: Commercial Real Estate Continues To Plunge

The commercial real estate environment continues to deteriorate with remarkable rapidity. Not even the AAA rated tranches have been immune. GE's slide in the past few weeks has been due in part or whole from its exposure to commercial real estate including such stellar acquisitions as British and Southern California real estate. More detailed graphs can be found at:

http://www.markit.com/information/products/
category/indices/cmbx/history_graphs.html