On Demand
Bankruptcy in New York City
Wednesday, October 24, 2007
We speak with Michael Richmond, Partner at the law firm Foley & Lardner LLP and former President and Chairman of the American Bankruptcy Institute.
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Comments
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Your comment that linked Brooklyn's bankruptcy
rate with the supposed "fact" that they lead
the boroughs in foreclosures is WRONG - and it
sounded like you made the comment, offhand, to fill airtime as the segment closed.
This is disturbing because many people respect
what you say and rely on it for factual
commentary. Please comment on what you know,
- we need facts not filler.
From the Daily News "In the city, the borough hit hardest by the subprime crisis was Queens, where foreclosures were started on 2,478 homes through this year and another 3,561 were expected next year for a total of 6,039, the committee report said.
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