Morgan Stanley Jingle Mail: Loses Properties To John Paulson Investment Consortium & Itself
A while back, I posted a piece aptly named “ Doesn’t Morgan Stanley Read My Blog? ”, wherein I lamented on the fact that I made very clear in 2007 that anyone who bought the Sam Zell/Blackstone flips were guaranteed to lose money. It was literally etched in stone for anyone with an objective view and a calculator. I actually believe it was a miracle that Blackstone didn’t lose their shirt. Well ...
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