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

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.
Comments (1)
  • Shoe..shoe..shoe...do I hear a shoe????? Actually these guys have lost 90% of their value...wow...now that is a loss...
    21 Sep 2010, 02:13 PM Reply Like
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