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Blog Posts in July, 2008

  • Beyond The Silly Years

    We’ve come through the real estate storm which I have called in these pages the “silly years”. We haven’t recovered, but clearly the storm is over. I sat in a committee of very smart people during those years, considering requests for development loans, each for millions of dollars. Today, because too many of those loans have gone bad, that committee doesn’t feel so smart. The question we all have ...
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