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iStar Financial Inc. Message Board

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  • bs.bernanke bs.bernanke Jul 23, 2008 8:22 PM Flag

    Goldman Sachs 7/22/08

    KEY RISKS: Higher credit and funding cost are the key risks to our forecast.

    The Fed says it is going to raise rates and the Moody's downgrade means funding costs will be higher. Except for very short-term technical trading SFI should be avoided until CMBX BBB drops back to May lows.