IPO’s, REO’s & Market Manipulation

Bank Foreclosure Sales Recall ’90’s IPO’s We’ve seen this movie before. Specifically, many of the practices embraced today by banks selling foreclosures, or Real Estate Owned (“REO”), echo tactics used by Wall Street more than a decade ago to sell “hot” tech IPO’s (“initial public offerings”). Consider these 3 parallels: One. Artificially low prices. At...
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