The Big Unwind: After Messing up the Housing Market, the “Smart Money” Bails Out

by Wolf Richter • November 6, 2014 Housing Bubble 2: Sales to institutional investors plunge to lowest level since 2010 In real estate, particularly in housing, national averages elegantly paper over the gritty details on

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Paul Singer Slams The Fake World: “Fake Growth, Fake Money, Fake Jobs, Fake Stability, Fake Inflation Numbers”

Excerpted from Elliott Management’s Paul Singer letter to investors, FAKING IT Nobody knows when reality will overtake the rhetoric, lies, phony statistics, wishful thinking, fake prices and tiresome poseurs pretending to be world leaders. The

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