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?
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1 comment:

  1. Dark SpaceAugust 24, 2009 at 12:39 PM

    ZH has an article discussing the bankruptcy too: http://www.zerohedge.com/article/readers-digest-file-bankruptcy

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