tag:blogger.com,1999:blog-5436853806279110477.post5577387592694219733..comments2024-03-17T00:16:49.706-07:00Comments on Las Vegas: Banks Leaving Las VegasJoseph Hunkinshttp://www.blogger.com/profile/12901043695395702119noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-5436853806279110477.post-75573500454286572612008-08-27T16:15:00.000-07:002008-08-27T16:15:00.000-07:00In residential construction a builder will often u...In residential construction a builder will often utilize his own funds and then make use of a bank's committment irrespective of any downturn in the market. Construction continues by the builder simply because he is using the bank's money and might as well forge onward hoping for a turnaround.<BR/>Its a bit different with casino construction but then ofcourse with the banks so eager to actually foreclose rather than workout deals it shows that the banks understand the long term value of the assets.<BR/>FGAnonymousnoreply@blogger.com