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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: estatemakr who wrote (103294)	10/26/2008 6:01:29 PM
From: Perspective	Respond to of 306849

FAF - you followed this one any more? Yet another one that I hadn't read the balance sheet on <gasp>. Or read it and forgot how abysmal it appears. Anyone familiar with what they're up to - their long-term debt all of a sudden appeared in the short-term obligations it would appear. Is the debt coming due? Have they already refinanced? finance.yahoo.com Regardless, they have $3.6B of "goodwill" and "intangibles", which sets up quite a value trap. Their tangible net worth is negative. `BC