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

Posted on 3/21/24 at 8:02 am to
Posted by TigerDog83
Member since Oct 2005
8276 posts
Posted on 3/21/24 at 8:02 am to
Countrywide this poses a serious threat to lots of the banks. Many are holding a lot of commercial paper and when these losses have to get written down it will be a blood bath.
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