A financial system which has almost exclusively benefited the ...

Loans for malls and shopping centers fell 62% and hotel loans declined 46%. The credit crisis has driven $138 billion worth of U.S. commercial properties into default, foreclosure or debt restructuring, according to Real Capital Analytics Inc. ..... A recent book by Carmen M. Reinhart and Kenneth S. Rogoff, two economists, found that over the last century the typical crisis had caused the jobless rate in the country where it occurred to rise for almost five years. ...