ABC: Investors lose in Bridgecorp collapse

Discussion in 'Commercial Property' started by Simon Hampel, 4th Jul, 2007.

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  1. Simon Hampel

    Simon Hampel Founder Staff Member

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    Yet another property group goes under:

    Lateline Business - 04/07/2007: Investors lose in Bridgecorp collapse

    http://mpegmedia.abc.net.au/latelinebusiness/av/podcast/20070703-latebiz-bridgecorp_video4.m4v

    http://www.abc.net.au/reslib/200707/r157302_570054.asx
    Those are some pretty scary numbers ... if most of these companies are relying on vastly overvalued property assets, we could be in for some pretty serious hurt if things really fall apart.
     
    Last edited by a moderator: 17th Sep, 2016
    Simon Hampel, 4th Jul, 2007
    #1
  2. Tropo

    Tropo Well-Known Member

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    Tropo, 4th Jul, 2007
    #2