Coming clean
US banks are currently sitting on billions of dollars worth of souring real estate loans. What for? According to Sam Zell, to stay alive banks and other real estate owners needs to come clean about their problems. By Zoe Hughes.
US banks are currently sitting on billions of dollars worth of souring real estate loans. What for? According to Sam Zell, to stay alive banks and other real estate owners needs to come clean about their problems. By Zoe Hughes.
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