[quote=davelj]Hysterical. And yet, predictable. It’s perfect, really – the MBA decides to buy a building at the height of the bubble and then when membership drops like a lead zeppelin, they default. What business does a professional association have BUYING a fucking building in the first place? It’s ludicrous. What a bunch of total douchebags. Whoever was involved in the decision to buy the building should be unceremoniously shit-canned. And then flogged in public.[/quote]
Well why throw away money on rent when you can buy?
I think they made a good strategic decision to buy and invest in their future.
Also, defaulting is just immoral for individuals.
However, this is company and this is just business consideration.
