Some interesting comments on this one - the interest payment they missed was not that big, they have very, very deep pockets backing them, no actual notice of default has even been received by them - Blackrock would much rather bail them out then have them go under imo:
Anthracite Capital, Inc. is a specialty finance company focused on investments in high yield commercial real estate loans and related securities. Anthracite is externally managed by BlackRock Financial Management, Inc., which is a subsidiary of BlackRock, Inc. ("BlackRock") (NYSE:BLK), one of the largest publicly traded investment management firms in the United States with approximately $1.435 trillion in global assets under management at September 30, 2009. BlackRock Realty Advisors, Inc., another subsidiary of BlackRock, provides real estate equity and other real estate-related products and services in a variety of strategies to meet the needs of institutional investors.
BLK trading at $225
Market Data 
Markets 
AI
