Broke

Date: June 2,2008
Time: 3:16 pm
Place:Home


The day started out real nice i decided to take the day of work i had to catch up on a few things. I had to study and do some cleaning that i was not able to do during the weekend, its a beautiful day and i also got to rest my body since i wake up so early during the weekend and go to school as well.But the story that i wanted to talk today is about the onwer of the building i work in , his name is macklowe and he owned about seven buildings but was unable to paid them off so the bank took them from himand he finally lost onwership to yhe buildongs. The latest news is that the properties had been bought by some other company. He at the moment still owes some money and he has only two buildings so he has a very bid decision to make. He made a mistake from day one because he went over his head, not really being able to come up with the money to pay off the properties. It got so bad for macklowe that the bank was going to posess his personal properties like his yacht his expensive paintings and even his condo in the city which is worth millions of dollars.