Morgan Stanley Strategic Default Commercial Buildings – Billion Dollar Loss to Investor?
There has been much discussion about strategic default….that is people strategically walking away from their homes because they believe it’s in their best financial interest to do so. The banks of course, don’t want you to do that. That said, business does this all the time and even the top Wall Street firms do this as well.
Check out Denninger’s piece at Market-Ticker.
Categories: Strategic Default
Strategic Default
