36 Little by little and then all at once. Kinks in the banking industry. (www.linkedin.com) posted 200 days ago by mitmont123 200 days ago by mitmont123 +36 / -0 Fitch downgrades NYCB to junk | LinkedIn Fitch said the decision followed a review of NYCB’s risk profile, noting its “concentrated exposure to commercial real estate.” 3 comments share 3 comments share save hide report block hide replies
Commercial real estate problems are going to ripple through the banking industry.
2008 was residential. 2024 is CRE