Interview and discussion with Eli Broad of Broad Foundation. He talks about the housing market, and the Fed’s agenda. (Bloomberg News)
Mr. Broad cofounded Kaufman & Broad with $25,000 borrowed from in-laws; became one of nation’s biggest home builders supplying parents of baby boomers with affordable housing. Bought Sun Life Insurance (later renamed SunAmerica) in 1971; sold to AIG in 1998 for $18 billion in cash and stock. Massive art collection recently appraised at $1.5 billion; owns large Jeff Koons collection. Bailed out struggling Los Angeles Museum of Contemporary Art in December. Has donated $600 million to Broad Institute of Harvard and MIT for biomedical research.
httpv://www.youtube.com/watch?v=rOFwbA0fJUQ
I have yet to see the video, but the guy seems like a keeper.
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As the 93 richest person in the world, we should probably listen to him.
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He liked education, art, and has lots of money. He’s the epitome of men!
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