Experienced people are needed to get out of this commercial mortgage mess

It seems to me that there are a lot of 'people' in various government jobs pushing supposed solutions into the commercial mortgage market.

But an unproven "solution" is just an idea run up the flagpole, isn't it?

Given that there is no meeting of buyers and sellers of CMBS, or even of the SBA 7a guarantees, perhaps if those people responsible for propping up the market quit then the right people could get into the right positions.

After all, propping up a screwed up market through the or government programs that give out money to companies supposedly to buy up the "toxic" loans (which they usually don't buy) hasn't worked. Further, the banks holding those loans now have no reason to sell them at market!

Experienced traders know how to design the correct incentives to make a market. Where are these people now? It seems like there is a wonderful opportunity for them in this market!

Of course, if a market is established there would then be a proper valuation of the assets which the banks probably don't want to accept - but that's only because no one is permitting creative destruction where the losers are punished by the market for their mistakes.