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

Posted on 3/21/24 at 8:08 am to
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
424016 posts
Posted on 3/21/24 at 8:08 am to
quote:

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

I don't think so, but someone can correct me.

These loans are renegotiated too often to be used in that way, I'd think.
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