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Neuberger Berman Real Estate Se Message Board

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  • hasselmeyer hasselmeyer Oct 27, 2008 10:28 PM Flag

    Actually this is getting ridiculous...

    This looks like a death spiral. I would not be surprised to see several lawsuits starting up against these guys. I taled to IR today and what piqued my interest (in addition to the deleveraging) was that the former fund manager had opted "to pursue other interests" so the two guys under him were now running the fund...the assurance being that they had a handle on what was going on there. That doesn't sound good...."leaving to pursue other interests?"

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