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Wall St speculators smell money as malls get mauled
Commercial mortgage- backed securities look promising in dire times
Published Tue, Mar 14, 2017 · 09:50 PM
New York
WALL STREET speculators are zeroing in on the next US credit crisis: the mall.
It's no secret many mall complexes have been struggling for years as Americans do more of their shopping online. But now, they're catching the eye of hedge-fund types who think some may soon buckle under their debts, much the way many homeowners did nearly a decade ago.
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