credit crisis

And this is for 2008…a year when their failure nearly brought the entire world’s financial system to its knees.

I don’t care if these bonuses were contractual or not.

New circumstances (you know…like BANKRUPTCY!) could allow them to renegotiate with their employees.

From the AP comes the list…

As financial markets retreat, the credit crisis looms, foreclosures spike, and mortgage problems persist, the national housing market is clearly struggling.

In this tough environment, even the Austin market has turned negative with a year-over-year pricing decrease of a little less than 1%.

Between the credit crisis, skyrocketing construction costs, and the slowing real estate market, we didn't expect to see anymore downtown condo projects for a while.

Today, however, we were surprised to learn of another downtown condo project announcement.