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Politics : Formerly About Advanced Micro Devices
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From: zax6/6/2016 10:07:23 AM
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Fact Checker

Trump’s claim that Elizabeth Warren made a ‘quick killing’ in foreclosures
By Glenn Kessler June 6 at 3:00 AM

washingtonpost.com

“Goofy Elizabeth Warren, sometimes known as Pocahontas, bought foreclosed housing and made a quick killing. Total hypocrite!”

— Donald Trump, in a tweet, May 25, 2016

Donald Trump accused Sen. Elizabeth Warren (D-Mass.) of being a hypocrite after Warren attacked Trump for saying, before the housing bubble burst in 2008, that he hoped to profit from a downturn in home prices because of a real estate bubble. (As our colleagues at PolitiFact noted, Trump actually failed to predict the magnitude of the financial crisis, saying he didn’t think the real estate market would “take a big hit.”)

Trump alleged that Warren herself made a “quick killing” in the real estate market by buying foreclosed housing.

Warren fired back with this tweet:




A reader was curious whether Trump actually had a case. These real estate transactions caused a brief flurry in the conservative-leaning media during Warren’s 2012 Senate run, when Warren was accused of “flipping” homes. The Boston Globe recently published a detailed look at Warren’s real estate purchases but as far as we know, no one has compiled a comprehensive list of the transactions so readers can see for themselves.

</snip> Read the rest here: washingtonpost.com
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