In an interview today on Bloomberg, Phil Dow, Director of Equity Strategy, RBC Rauscher discussed his view of the credit crisis.  He stated that in his opinion Wall Street investment banks had addressed their loses in the sub-prime crisis and would probably regroup and turn-the-corner.  However he was not so optimistic in his predictions of the future of commercial banks.   He discussed the perception that loses on commercial real estate loans could cause bank failures.  This is something the FDIC has already predicted.  Additionally, he said that Wall Street is not sure which specific category of  commercial real estate will generate these loses.