An alert reader writes:

I ran across a site listing the banks most likely to fail. The link is below. Notice it lists Corus Bank as fourth in the total amount of "troubled assets."

http://www.msnbc.msn.com/id/29619237/

Also, here is a link to Corus's list of outstanding projects which it has underwritten.

http://www.corusbank.com/Commercial%20Real%20Estate.html

Click on the "Condominium Construction" tab, and then click on the sub-tab for "State." There, you will see this list of projects (many of which have been on your hit list for quite a while):

The Westerly	Portland OR	$53,440,000
3720	Portland OR	$113,000,000
The Elizabeth Lofts	Portland OR	$36,500,000
The Strand	Portland OR	$81,850,000
Broadway Condominiums	Portland OR	$31,326,000

This is proof that what you have been railing about locally is part of the national banking problem. You need to get a post up about this.

But in fairness to the developers of these awful bunkers, there's no telling from the Corus site which of its fine projects are delinquent. Maybe all its Portland condo borrowers are making their payments on time. D'ya think?