Speculator buys commercial property, in a deal that only works if property values go up and financing stays easy. Boom! Billions lost.
Speculator buys commercial property, in a deal that only works if property values go up and financing stays easy. Boom! Billions lost.
Tags: commercial real estate, leverage, speculation, subprime
This entry was posted on February 4, 2008 at 6:43 am and is filed under Around the Web, The View From the Bluff. You can follow any responses to this entry through the RSS 2.0 feed.
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