MuniMae future in doubt after it restates finances (Baltimore Sun)

Here is today’s article from Baltimore Sun.

Municipal Mortgage & Equity LLC, the real estate and alternative energy financier known as MuniMae, issued audited 2006 financial statements yesterday in which its independent public accounting firm said it doubts the company can continue as a going concern because of liquidity problems and a substantial drop in business. The Baltimore-based company also restated its financial results for the t…

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