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Other People's Money

Inside the Housing Crisis and the Demise of the Greatest Real Estate Deal Ever M ade

Charles V. Bagli

"Other People's Money" is a captivating read about the biggest real estate failure in history. This eye-opening book by a veteran NY Times reporter delves into the world of big finance and politics, exploring how Tishman Speyer and BlackRock lost billions of dollars in their purchase of Stuyvesant Town-Peter Cooper Village in New York City. The book reveals how Tishman Speyer got away unscathed from the deal while others took the financial hit, and how their hubris contributed to the real estate meltdown. "Other People's Money" is a must-read for anyone interested in the fascinating world of real estate and high finance.
Publish Date
2013-04-04T00:00:00.000Z
2013-04-04T00:00:00.000Z
Goodreads Rating
3.92
ISBN
9780142180716
Recommendations
1
Recommendations
Not very far from the truth on the financial services industry though the authors biases come through.      source