The Soapbox

HoosGuy

Joined: 02/08/2016 Posts: 1160
Likes: 553


We've gone over this before (not sure if you were here for that discussion)


Real estate as an asset class is much harder to divest on a short term basis due to its illiquid nature and the enormity of his portfolio. It can't be put into the traditional "blind trust," but he has given up ownership of his company to his sons, which obviously isn't ideal. I completely agree we should have transparency, but until a pay-for-play can be proven, I don't think this is an issue as of yet and seems like a transaction that isn't that unique.

Just read what hoodeyo mentioned, and he's 100% correct.
[Post edited by HoosGuy at 03/23/2017 09:55AM]

(In response to this post by KaHOOnah)

Posted: 03/23/2017 at 09:54AM



+2

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Current Thread:
  That's different ** -- FfxStationHokie 03/23/2017 11:08AM
  Was Tony Rezko the realtor? ** -- Mr Wahoo 03/23/2017 09:47AM
  Despair from the defeated -- TomKazanski 03/23/2017 09:23AM

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