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Posted on April 9, 2010 | tags

 
 

Biz, U.S.: In Oklahoma City, the mall is technically a federal building

  • You gotta love toxic assets. After the government took on $70 billion in bad assets from AIG and Bear Stearns in the wake of their collective crap-outs, there’s been a lot of confusion as to what those assets were. Well, the feds own loans for hotels worldwide, the Miami airport and Chicago’s Civic Opera House. But after the owners of this mall couldn’t make their payments, the government took over the mall. Which is kinda hilarious. source
 
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