Tarragon having financial problems? Not to worry. The strong NJ real estate market will bail them out!
http://tinyurl.com/387qrf
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3 comments:
He sounds VERY optimistic:
"Even so, the company remains “extremely hopeful” it can avoid bankruptcy, William Friedman, its chairman and chief executive, said in an interview Tuesday with The Record."
Hoping you won't go backrupt sounds like a great business plan.
HOPING is still better than PRAYING you won't go bankrupt, right?
I doubt Tarragon will go bankrupt. Their NJ projects have been very successful. They got hurt in Florida, not NJ.
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