Wednesday, October 01, 2008

LUBRICATION IS A GOOD THING!

Yellow Pickup Truck, New Orleans LA 2008 from the series AUTOMATIC
All reproduction rights reserved Wm. Greiner
“Today, the entire financial system needs a lubricant. It’s kind of like driving your car after running out of oil and the engine seizes up. If there’s no liquidity and no financing, everything seizes up.”*
Barry M. Gosin, chief executive of Newmark Knight Frank, a national real estate firm based in New York
*Failed Deals Replace Boom in New York Real Estate , By CHARLES V. BAGLI The New York Times 9/30/08

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