Morgans Extends Loans Due on Hudson New York Hotel, Los Angeles Mondrian

Tuesday, October 5, 2010, 22:28
Debts and Loans
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Morgans Extends Loans Due on Hudson New York Hotel, Los Angeles Mondrian
Morgans Hotel Group Co . won extensions for loans backed by its Hudson New York hotel in Manhattan and the Mondrian Los Angeles after paying down a portion of the money owed on the two properties.
Read more on Bloomberg

Moody’s warns bank-stricken Ireland of debt downgrade
Ireland suffered a new blow in its banking and national debt crisis on Tuesday when Moody’s rating agency warned it might downgrade Irish bonds, just as the nation braces for ever tougher cutbacks.
Read more on AFP via Yahoo! News