Thursday, April 24, 2008

Sam Zell's new mantra: Sell low!

Nobody's timing was better at the top of the last boom than Sam Zell. Just before the credit markets collapsed, he sold his real estate empire for $36 billion. Now Zell is trying to sell newspapers, and his timing couldn't be worse.



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[Source: Financial news of the day - CNNMoney.com]

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