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April 1, 2009
Interesting Question
Gumby Fresh blogger "Gringcorp" (aka "Gari N. Corp") poses an interesting question that an analyst might have asked Forest City Enterprises CEO Charles Ratner during yesterday's year-end/4Q conference call:
Perhaps a more immediate one for them is this: "You busted a gut to get a rather pricey extension on your Grammercy loan, your senior debt is now the plaything of vulture funds, and you've got $780 million in corporate debt maturing a year from now. How on earth are you going to get the arena financing done too?"
Posted by lumi at April 1, 2009 4:15 AM