Last Updated: March 17, 2008 12:22pm ET

Bear Stearns Crisis Averted With Acquisition

By Erika Morphy

WASHINGTON, DC-The Federal Reserve is emptying its powder on the turmoil in the credit markets, helping to avert a Bear Stearns meltdown and cutting the rate on direct loans to banks.

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Distressed CRE Continues to Ebb

WASHINGTON, DC-A forthcoming report from Delta Associates shows that distressed commercial real estate in the United States totaled $166.9 billion in January 2012, down $4.7 billion since October 2011.

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