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re: A debt 'time bomb' looms for New Orleans' downtown office market

Posted on 3/21/24 at 7:45 am to WPBTiger
Posted by udtiger
Over your left shoulder
Member since Nov 2006
99367 posts
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Posted on 3/21/24 at 7:45 am to WPBTiger
This could make the S&L crisis in the late 80s look like a popcorn fart.
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Posted by Warfox
B.R. Native (now in MA)
Member since Apr 2017
3170 posts
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Posted on 3/21/24 at 8:06 am to udtiger
quote:
This could make the S&L crisis in the late 80s look like a popcorn fart.


Correct!

AND…this debt has been chopped up and marketed as derivative instruments as well, no?

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