The Next Shoe to Drop? September marks the one-year anniversary of the intensification of the financial crisis. The first round of problems mostly resulted from the bursting of the housing bubble, which sent foreclosures soaring and home prices tumbling. One constantly recurring fear is that another round of losses will result from the collapse of commercial real estate. Vacancy rates have increased, rents have declined and delinquency rates have risen. Moreover, changes in accounting rules
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