Word: commerciales
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Dates: during 2000-2009
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General Growth owes billions of dollars to Citigroup (C), Deustsche Bank (DB), and Goldman Sachs (GS). It is very likely that every large money center bank and investment house has loaned money to commercial property owners because not so long ago the value of these assets was rising sharply every...
Bank investors has been waiting to see if there is another shoe to drop in the chain of troubled earnings reports. The firms may face more write-offs of toxic assets and pressure from the deteriorating chances that consumers can pay their credit card bills, but commercial real estate may...
It is not clear whether the government looked closely at commercial mortgage loans when it did its "stress tests" on banks. It is also not clear what assumptions the government used for the default rates of this paper. The $27 billion in debt that General Growth holds seems like a...
When I wake up I can tell that I’m on the third or fourth floor of a big house, not an entirely unfamiliar one, but one that I’ve been in two, maybe even three times before.I can tell that I’m the...
Harvard has signed another custom loan agreement to increase borrowing options for graduate students, some of whom have had trouble securing funding in the wake of the credit crunch, University officials announced yesterday. The deal with the Harvard University Employees Credit Union will allow eligible Harvard graduate students to borrow...