Just keep in mind that bankers are running our country.  As was stated in the article there is a public sentiment against more bailouts but there is political sentiment about allowing banks to fail. 

 Goldman Sachs is firmly entrenched in the financial decision making sector of our government and whatever is good for Goldman Sachs and their cronies will be done.  In addition, the realtor lobby is pumping money to our elected officials.  

Yes, commercial real estate is in trouble and has been for quite some time.  As with housing and other real estate there is a huge variation in the amount and depth of the problem from area to area.  Just depends on how much speculation and overbuilding was present in each specific marketplace when the bottom fell out.  

It is getting to the point where I, along with many others, have developed a "so what?" perspective every time more bad economic news is announced.  I am sure our government will throw more money at the commercial real estate problem area's.  It will just be another opportunity for the financial firms to extract more money from the pockets of the taxpayers of this once great country.