From Nouriel Roubini (via Facebook): Extended Stay Hotels Declares Bankruptcy. Sources suggest that [the] Fed owns related CMBS/CDOs in its Maiden Lane funds.
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mr_clueless // Jun 15, 2009 at 2:25 pm
You gotta check out how crappy some of their hotels are. I’ve stayed there before and know that they won’t be missed by me.
alyx // Jun 15, 2009 at 2:30 pm
The one near me is mostly inhabited by child molesters, if you believe the released-sex-offender database.