Shares of iStar Financial (SFI -14.5%) plummet on a Bloomberg report that the commercial real...

|About: iStar Inc. (STAR)|By:, SA News Editor

Shares of iStar Financial (SFI -14.5%) plummet on a Bloomberg report that the commercial real estate lender is weighing a bankruptcy filing. The company expects to begin meeting with creditors in coming weeks to discuss potential terms of a pre-packaged bankruptcy, which would occur sometime next year.