Friday, August 21, 2009

Reader's Digest Bankruptcy

The Reader's Digest Bankruptcy makes you wonder about the 1Q09 7.67x DSCR on the senior mortgage on it's headquarters building in BALL 2007-BMB1, which has two extensions left with the next maturity at April 2010. Is it for real?

1 comment:

Dark Space said...

ZH has an article discussing the bankruptcy too: