hf-implode.com - 10/30/2009
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``Billionaire investor Wilbur L. Ross Jr., said today the U.S. is in the beginning of a “huge crash in commercial real estate.”
“All of the components of real estate value are going in the wrong direction simultaneously,” said Ross.''
Wilbur Ross Interview (video)
valueplays.blogspot.com 5/13/2009 — Ross Discusses Real Estate, Banks, and Automakers Disclosure ("none" means no position):
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Wilbur Ross Comments on Economy/Regulation
valueplays.blogspot.com 6/29/2009 — Wilbur Ross talks about the US economy. Couple of notable quotes: "I can't even think ten years down the road much less make predictions for that time frame". Said in response to a question regarding predictions that the US economy is stagnant for the next ten years Regarding consumer sentiment: ...
Wilbur Ross on TALF
valueplays.blogspot.com 3/24/2009 — Not for nothing but Wilbur Ross and Berkshire's (BRK.A) Buffett said from day one they would e willing to participate in this. It is beyond my ability to understand why it has taken so long to implement. Disclosure ("none" means no position): Visit the ValuePlays Bookstore for Great ...
Wilbur Ross, Related bid on Corus assets
hf-implode.com 9/29/2009 — " Billionaire investor Wilbur Ross said on Tuesday he has teamed up with Starwood Capital Group to bid on the assets of failed Corus Bank, while a source said Related Companies had also made an offer."
Wilbur Ross on Automakers (video)
valueplays.blogspot.com 4/8/2009 — Wilbur Ross talks about GM (GM) and Chrysler with AutoNation's (AN) Mike Jackson on CNBC.
Ross has a fascinating quote on bankruptcy as it related to a few dissident GM bondholders. Ross said "bankruptcy is about forcing the will of the majority on the dissident minority" as it related to ...
Wilbur Ross Says GM Bankruptcy Filing Would Be a `Total Mess'
bloomberg.com 11/14/2008 — Wilbur Ross Says GM Bankruptcy Filing Would Be a `Total Mess' By Mike Ramsey Nov. 14 (Bloomberg) -- Investor Wilbur Ross , who made billions turning around distressed steel and textile companies, said a Chapter 11 filing by General Motors Corp. or ...
Why This Real Estate Bust Is Different
hf-implode.com 26 days ago — ``And yet the securities are only a secondary problem. The main driver of the commercial real estate bust is the underlying loans.''
Fed Frets About Commercial Real Estate
online.wsj.com 10/7/2009 — Banks in the U.S. "are slow" to take losses on their commercial real-estate loans being battered by slumping property values and rental payments, according to a Federal Reserve presentation to banking regulators last month. The remarks suggest that ...