Detailed text transcripts for TV channel - MSNBC - 20180119:02:19:00
There is a variety of alternative systems. one thing we know about how the condo projects were financed, you can get credit if you show you sold a certain number of units. this is true of the early overseas developments like toronto and panama. you can get credit if you can show you sold a secondcertain percentage of the units. that the where the russians are to be found is in some of those presales. that's how in panama they got the credit. they got sterns to issue a bond by saying they sold a bunch of units to a bunch of russian gangsters and of course, didn't put that in the under writing i...
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