Thomas Pan: Sam Zell hopes to pick up properties at just 40 to 50 cents on the dollar oand expects the price to drop another 30%. SRSIYRURE
4 minutes ago
Thomas Pan: Sam Zell, known for decades as the "Grave Dancer" for buying commercial properties at cycle bottoms, ain't ready for play yet. SRSIYRURE
5 minutes ago
Thomas Pan: The weak spot is at exports and imports that fell YoY for the 12th month in a row. The stimulus has done little for the world economy. DJIA
30 minutes ago
Thomas Pan: Consumer credit fell at a YoY rate of 4.8% in Sept, the steepest annual drop since WWII. That made a vigorous recovery unlikely.