Barry Sternlicht, chief executive officer of Starwood Capital Group LLC, talks with Bloomberg's Erik Schatzker about the outlook for the commercial property and residential markets.
Sternlicht, who built Starwood Hotels & Resorts Worldwide Inc. into the third-largest U.S. lodging company, also discusses the U.S. government's financial rescue plan and the hotel business.
WATCH VIDEO: Sternlicht Sees Bottom Forming in Residential Market
WATCH VIDEO:Sternlicht Doesn't See Commercial Property Income Growth
(from Bloomberg, May 1, 2009)
Showing posts with label bolster banks’ balance sheets. Show all posts
Showing posts with label bolster banks’ balance sheets. Show all posts
Monday, May 25, 2009
Sunday, April 19, 2009
Stiglitz Interview on U.S. Banks: TARP as a Strange Partnership and Hidden Subsidy
Nobel-prize winning economist Joseph Stiglitz talks with Bloomberg's Kathleen Hays about the U.S. government's Troubled Asset Relief Program for banks. Stiglitz, former chief economist at the World Bank and a professor of economics at Columbia University, also discusses the government's stress tests for banks and the Obama administration's strategy to bolster banks’ balance sheets to spearhead a recovery in an economy facing its longest recession in at least a quarter century.
Watch Stiglitz Interview
Watch Stiglitz Interview
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