February 18, 2009
...Stan Ross, chairman of the USC Lusk Center for Real Estate, said TALF and the other rescue plans are not the best way to mount a frontal attack on commercial market illiquidity.
"In military terms, those bills are like attacking from the flanks; they're focused primarily on financial institutions and housing. But those attacks have their place and they will inject some liquidity into the system. Combined with a little push and pressure on the banks and extensions on conventional loans, they will give breathing room for the market to return."...