"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Oaktree Group to Sell U.S. Foreclosed Homes
Submitted by Emmett Harris on Tue, 2013-09-24 00:00
in
“Oaktree, which specializes in distressed investing, and Carrington had initially planned on converting their portfolio into a real estate investment trust. But investors have now decided to simply exit the trade.” They're getting out before the false recovery evaporates.
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