Tottering Mirax reflects Russia’s property development malaise
Published: 24 August, 2009, 19:48
The country's biggest developer - Mirax Group - is fighting to keep its cranes running after legal proceedings have seized its assets.
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Chartered Financial Analysts have called for "unethical" bankers to pass industry exams to prevent another economic crisis. It comes after industry heavyweights let through cheats like Bernard Madoff.
The economic recovery can’t come soon enough for Russia’s property developers and mortgage issuers with both waiting for signs of a pickup in the market.
Published: 24 August, 2009, 19:48
The country's biggest developer - Mirax Group - is fighting to keep its cranes running after legal proceedings have seized its assets.
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