The Red and Black

"The last thing we should have is more regulation."

This is ideological claptrap.

Be a CEO of AIG For 3 months and get $18 million dollars....CEO of Fannie Mae, large severance package...Why the heck aren't these CEO held responsible for not managing risk correctly and putting shareholder and now taxpayers money down the drain. As head of the company why aren't they held to any standard. No accountability.

"
James B. Kau, a legal studies and real estate professor, said he thinks government regulation is to blame.

"The last thing we should have is more regulation. What the credit market is doing ... is perfectly rational. What the government is doing is very strange." "

The high priests at the business school will be preaching dogma until an angry hungry mob shows up at their door and they'll start babbling something about supply side or Friedman or something as they're carted off to be tarred and feathered.

Wow, Zaid, you really are the epitome of an ignoramus who belongs in a Econ 2105. Just shut up and stop pretending like you understanding anything about economics or finance. You're a moronic Journalism major who seems to harp on about the virtues of big government. Try getting learning a thing or two before you print this stupid progressive crap every week, instead of advancing the ideological manure you get from the liberal operatives in the media.

"instead of advancing the ideological manure you get from the liberal operatives in the media."

Would you please drop the persecution complex? The media cheered on the deregulating of the '90s. But you just use the media as some kind of weak crutch because you don't have a real argument of any sort.

This story makes me want to puke! I recently lost my job working for a real estate developer in Atlanta. We are not in a recession, we are in a f**king g*d damn depression!!!

Have you look at the LIBOR or DOW recently? Wake up UGA professors!!! I am glad I graduated from Terry but the professors saying this BS are complete f**king idiots. CB Richard Ellis, the number 1 commercial real estate services firm in the country just laid of an ass load of employees (both Managing directors and junior staff). If you are a real estate or finance major, I suggest you read www.bloomberg.com, www.globest.com or the real estate section of the Atlanta Business Chronicle. It's a complete blood bath!!! Too many companies are laying off analysts or junior staff members in the real estate finance industry. Don't be fooled by these idiotic professors!!! THIS ARTICLE MAKES ME WANT TO PUKE!!!

UGA GRAD...

Donkey, your chosen field may be in a depression, but your industry is partly responsible. Overdevelop much?

Depends on the product type you are developing. Market fundamentals suck : cap rates up, lending terms are tight, construction costs are up, growth & market fundamentals suck, etc. Banks, PE firms can't see the 18 to 25% IRR they want on deals.

You have to be a bad ass developer to get financing from a bank in todays market. The market will not stabilize until 2010 or 2011. If you are real estate major or finance major, get a job at McDonald's. I just got one at Chik-fil-a...no more East Andrews for me till I get my bad ass analyst job back!!!

At the time of financial crises we need to come together united and try to solve the problems which are responsible for such a hazard. We need to overcome it. It is meant to bring calm to the population and markets and display government strength and stability.