Fait Accompli :: Moody set to re-evaluate commercial real-estate debt, eventually, gosh.

[acvelonius]

coming soon the U.S. commercial real estate and credit cards busts will make the housing market collapse seem like a walk in the park on a sunny afternoon
...
“This was already a fait accompli in the market,” said David Castillo, a senior trader of structured-finance bonds at Further Lane Securities in San Francisco.
(c) Bloomberg