Implode-O-Meter readers are seeing the saga of one mezzanine lender, Gramercy Warehouse Funding III, trying to save the value of its lien position on some Lehman/SunCal properties, by Gramercy fighting with the real estate lender on the same projects, Lehman Commercial Paper, Inc.
_________________ Aristotle
As Yogi Berra said "It's like deja vu all over again."
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