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Capital Keeps Falling on My Head - Sam Zell Christmas Card
Real estate tycoon Sam Zell auctioned off his REIT, Equity Office Properties Trust, for $39 billion to Blackstone Group, who beat out Vornado Realty in a back-and-forth bidding war. The high price reportedly makes this the largest buyout deal in history. The video's not particularly interesting unless you're a finance, real estate or Wall Street geek, so don't bother watching unless you're one of them.
Channel: News & Politics
Uploaded: January 21, 2007 at 1:06 pm
Author: buzzpal
Length: 04:09
Rating: 4.00
Views: 9050
Tags: capital card christmas deal falling reit sam song zell
Video Comments
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buzzpal (August 8, 2007 at 7:45 am)
Yes, that was the point of his video.
BubbFromGEI (August 7, 2007 at 6:48 am)
Ah, but the money will not flow forever, as we have seen in recent days. And as credit tightens, those inflated asset prices will come back to earth. Thosw who trade builders already see it- as my posted video shows.
bradjmiller1990 (March 21, 2007 at 8:37 pm)
Someone needs to make a video with Helicopter Ben Bernanke flying around dropping money (you could also include Greenspan in there since he's the king of dropping money from the sky)... |
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