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Feb. 11 (Bloomberg) -- Elizabeth Warren, chairwoman of the Congressional Oversight Panel for the Troubled Asset Relief Program, TARP, talks with Bloomberg's Betty Liu about the outlook for community banks that have exposure to commercial real estate loans. Warren, speaking from Newton, Massachusetts, also discusses the need for so-called stress tests on community banks. Commercial real estate loans have potential to go sour and wreck the U.S. economy unless regulators prepare now, according to a report from the watchdog for the federal financial rescue program.
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Warren Says Commercial Real Estate Loans Pose Danger
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11 February 2010
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Feb. 11 (Bloomberg) -- Elizabeth Warren, chairwoman of the Congressional Oversight Panel for the Troubled Asset Relief Program, TARP, talks with Bloomberg's Betty Liu about the outlook for community banks that have exposure to commercial real estate loans....
Feb. 11 (Bloomberg) -- Elizabeth Warren, chairwoman of the Congressional Oversight Panel for the Troubled Asset Relief Program, TARP, talks with Bloomberg's Betty Liu about the outlook for community banks that have exposure to commercial real estate loans....