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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: deeno who wrote (95806)11/28/2007 9:33:11 PM
From: lifeisgoodRead Replies (1) | Respond to of 306849
 
I saw him on TV. He's already made many billions shorting subprime debt and related junk. For this guy, 500 million is chump change.

best...

LIG



To: deeno who wrote (95806)11/29/2007 5:38:38 PM
From: SouthFloridaGuyRead Replies (2) | Respond to of 306849
 
"Some hedge fund guy".

That's Bill Ackman you're talking about, probably one of the best investors in this generation second maybe only to Box Near the Swamp or whatever his name is.

And he is indeed rich enough to give his proceeds away.

P.S. saw his presentation and the thesis is airtight and has been airtight for a while. The monolines are going to see shock and awe.


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