Other People's Money

<b>A veteran New York Times reporter dissects the most spectacular failure in real estate history</b> <p/> Real estate giant Tishman Speyer and its partner BlackRock lost billions of dollars when their much-vaunted purchase of Stuyvesant Town-Peter Cooper Village in New York City failed to deliver the expected profits. But how did Tishman Speyer walk away from the deal unscathed while others took the financial hit--and MetLife scored a $3 billion profit?<br> <p> </p><p>Illuminating the world of big real estate the way Too Big to Fail did for banks <i>Other People's Money</i> is a riveting account of politics high finance and the hubris that ultimately led to the nationwide real estate meltdown.</p>