(Read more on the debt and equitymarkets.)
NEW YORK CITY-Is a weak market really a crisis or does it meanpeople are just repricing risk? For pessimists, our economy isplunging into a recession, but for optimists, such as the panelistsat yesterday's Real Estate Lenders Association event, there is hopein the near future.
"We will come back strong," exclaimed Paul Vanderslice, managingdirector of Citigroup Global Markets, at the event titled, "CapitalCredit Crunch: What's Going on Here?" Vanderslice went on toexplain that "this market has been good to borrowers, investors andmortgage for seven to eight years, and although the music hasstopped, it will come back."
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