Oilily USA, which owes money to over 200 creditors, cited assets between $1 million and $10 million, along with debts of more than $10 million. After closing eight retail locations over the last few months, Oilily is attempting to renegotiate its...
Bloomberg interviews Sam Zell in a very long segment. He starts talking about the residential sector and says he thinks "its slowly working its way through the morass" and about to get better. In briefly talking about commercial real estate, Zell...