I am pretty negative on BLA but the whole idea that any company in this day and age would be conflicted by this is simply ridiculous. EY should be slapped for owning commercial property as it is a stupid way to deploy capital if you are a professional services firm but other than that - big deal. Seperate areas would be managing this and the amount of rental exposure is peanuts. The journalists that wrote this are usually much higher grade than this pathetic beat up.
BLA Price at posting:
$1.79 Sentiment: None Disclosure: Not Held