Heading Towards Default, an Update on the Commercial Real Estate Outlook...
WIll the LIBOR Scandal Impact Construction Lending | by Jacqueline Hlavenka
GlobeSt writes: After the Barclays Capital scandal shed light on interest rate manipulation by global financial institutions, the impact on commercial real estate sector has yet to be seen. Sam Chandan comments: “We cannot say with complete confidence that LIBOR is being determined fairly and accurately. We can say with confidence that the structure of the LIBOR market - effectively an honor system - affords the possibility of malfeasance."
Read the full analysis at GlobeSt.com.