Tag Archives: Billion Dollars

Greed and Strange Bedfellows

What do the government of Singapore, California’s State Workers Pension Fund, and the Church of England all have in common?  They are all major investment losers in a massive commercial real estate fiasco. Five years ago Tishman Speyer and Blackrock … Continue reading

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Bail Out Bail Out…

I was talking to some friends during a radio taping the other day and the conversation turned to the recent bail out bill of 700 billion dollars plus. I told them that this was just the beginning and the strategy … Continue reading

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Carlyle Capital

Here is my take on the whole Carlyle Capital Fiasco. How do things seem? This month, Carlyle Capital Corporation, which was established in 2006 to make investments in U.S. mortgage-backed securities, defaulted on about US$ 16.6 billion of debt. Analyst … Continue reading

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