Jul 26 2009
Atlas Vacant – The Commercial Real Estate Bust: Gearing up for a $3 Trillion Headache. Increase in Vacancy Rates and Higher Defaults.
The commercial real estate bust is going to be legendary. We are talking trillions of dollars. The attention of Americans is being pulled away by massive market volatility that has seen the S&P 500 shoot up 44 percent in four months. Yet the U.S. Treasury and Federal Reserve have kept their eye on this market [...]
Feb 22 2008
Sharper Image out of Focus in Current Economy
Sharper Image, the high end uber gadget seller, recently filed for bankruptcy under Chapter 11. Another sign that the times are now changing as reported by the New York Times:
“The San Francisco-based company, which specializes in massage chairs, robots and other quirky gadgets, said it plans to close half of its 184 U.S stores [...]
