Your Moment of Schadenfreude

!So, it looks like yet another organization has had to downsize. It's moving out of its headquarters, in the heart of Washington, DC, which they moved into about a year ago, because it's too expensive for them now.

Who is this organization? Why it's the Mortgage Bankers Association, of course, who have discovered that their new $76 million dollar digs are no longer affordable:

Since the purchase in May 2008, the U.S. economy has suffered one of the most severe recessions in a century, and the residential and commercial real estate markets have materially deteriorated. These factors, coupled with a challenging leasing environment, led the MBA Board to conclude that continued ownership of 1331 L Street was economically imprudent, and over the long term would impair MBA's ability to continue providing our members with MBA's full range of services.

My guess? That they got f$#@ed over by the fine print in their mortgage.