|
|
|
EXECUTIVE WATCH GlobeSt.com:
BY ANTHONY J. LOPINTO
|
 |
| EXECUTIVE WATCH
is a weekly column featured on GlobeSt.com, the leading online real estate
news site. Tony LoPinto, the CEO of Equinox Partners has been the
author of this widely read column.
|
 |
|
Half Full or Half Empty?
By Anthony J. LoPinto
July 15, 2008
|
|
I've always approached life from the perspective that the glass is half full. I'm happier for it, and so are those around me. But the news of Fannie Mae and Freddie Mac and the trillion-plus bailout, the failure of California's IndyMac Bancorp and promises from the chairman of the Federal Reserve that more bank failures are sure to come is making me feel, well, a bit half empty. This is, however, like all of the other major meltdowns, driven largely by greed and recklessness. So what's in store on the hiring front? It's becoming increasingly clear to me that the new age of the workout specialist is dawning. But this time around it isn't about real estate workouts; it's about unwinding bundles and bundles of bad paper. Send me a collection specialist, or a tough lawyer. That's what we'll need this time.
© 2008 - GlobeSt.com, all rights reserved.
|
|
Return to Past Article List
Return to the Current Article |
|
