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REPORT ABUSIVE REPLY
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Message Subject
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BRKG: Lehman Brothers Shuts Down Subprime Unit, Fires 1,200 Employees
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Poster Handle
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Anonymous Coward |
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Post Content
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FIRST MAGUS, unheard of by the public, but one of the largest RE lenders in the US closed shop. Last week. Seems they were gambling the money away, then couldnt get up enough cash to do day-to-day. Many lost jobs and savings-and now RE apraisers in the area are not getting paid. Circle expanding [ link to regulus2.azstarnet.com]
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