Other People's Money
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Inside the Housing Crisis and the Demise of the Greatest Real Estate Deal Ever M ade
English

About The Book

<b>A veteran New York Times reporter dissects the most spectacular failure in real estate history</b><br><br> Real estate giant Tishman Speyer and its partner BlackRock lost billions of dollars when their much-vaunted purchase of Stuyvesant Town&#150;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&#151;and MetLife scored a $3 billion profit?<br> &#160;<p>&#160;</p><p>Illuminating the world of big real estate the way Too Big to Fail did for banks <i>Other People&#146;s Money</i> is a riveting account of politics high finance and the hubris that ultimately led to the nationwide real estate meltdown.</p>
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