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Willing/unwilling buyers Vs willing/unwilling sellers. If there's no credit to grease the deal - there's no deal. Period. Suggesting that some whacko share price (probably sold short by any one of a thousand trouble-making hedge funds) represents any kind of fair market value just about sums up this whole sub-prime mess and the rank stupidity of all of you idiots who have directly and indirectly contributed to it. The REIT world, nor any other world for that matter, is not coming to an end, much as you media pricks might like the headlines that it generates.

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