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		<description>Comments for 0 at http://boombustblog.com , comment 1 to 1 out of 1 comments</description>
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		<lastBuildDate>Thu, 08 Jan 2009 11:37:43 +0100</lastBuildDate>
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			<title>weak balance sheets</title>
			<link>http://boombustblog.com/index.php?option=com_myblog&amp;show=Nuggets-of-Reggie-Wisdom-for-todays-asset-backed-market.html&amp;Itemid=92#comment-867</link>
			<description>Reggie,

Have you seen the Taubman Centers (TCO)balance sheet, the Net Tangible assets is NEGATIVE!!
I realise that not too much debt in due in the next couple of years, but their attributable revenue is only $60 Mill, so if vacancy rates go up/ revenues down/ loan rates rise (they lost BB rating), where do they go from here??? - Chris Marshall</description>
			<pubDate>Thu, 03 Apr 2008 02:45:08 +0100</pubDate>
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