Wednesday, February 8, 2012

US foreclosures go sky high



The Bank of America Plaza skyscraper in the US state of Georgia is just another lamb to the slaughter after it was auctioned off for about half the amount it was worth five years ago. Once the symbol of the area's booming commerical real estate market, it now represents its widespread failure. Al Jazeera's Patty Culhane reports from Washington.

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