I totally agree with Peter and Paul! One more factor to take into it is the new enormeous use of the internet. Many industries that prior required Office/warehouse/building,,,ie sticks and bricks,, no longer require such...
And when you do have a viable buyer, there is no liquidity to facilitate the sale, thus, no sale, lower prices.
Less than 10% TARP money was actually used for lending.
Mel Stevens Jr.
Jul 25, 2009