A modern production of Richard Wagner’s opera Tannhauser is causing a stir in Germany because of Nazi-themed scenes showing people dying in gas chambers and members of a family having their heads shaved before being executed.
What’s it feel like to survive one hurricane only to be told that another is on the way? New York Cityarea homeowners are in just that spot. After the region suffered the brunt of financial-industry cutbacks, the next big wave of woe could be a nor’easter of collapsing home prices.
The bailout may be coming to your local mall. The credit crunch has thus far focused on the residential mortgage mess. But with $1.3 trillion in loans to shopping centers and other commercial properties coming due between now and 2013, another time bomb is ticking