Wednesday, January 07, 2009

Odd

A report surfaced that Steven Ross is among the developers seeking a bailout from the government (http://www.foxbusiness.com/story/markets/industries/real-estate/developers-look-bailout-government-journal/), and we heard that Ross was looking for additional investors to finalize the deal with H Wayne.
 
What does all of this mean?
 
We think its a single word: trouble.
 
The deal has already been delayed a week, and Ross asking for a handout of rhis *company* while he *personally* purchases $500 million in a private asset is not going to go over well with our representatives.
 
I suspect you will see more delays....
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