Tuesday, December 9, 2008

Do not Bail Out Real Estate Companies - Avinash MKB

After yesterday's stimulus package announcement for the Real Esate companies , I read an articke in the Economic Times about real estate companies claiming that the stimulus package was not enough and that they need more.

CEO # 1 says : 'They could have done more …. should have cut the steel prices mores …...'

CEO # 2 says: 'Package should be annouced for loans of upto 30 lakhs and not 20 lakhs , this is not enough.'"
To read more, please, visit - Eclectic Investor

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