Taxpayer-Funded Homebuilder Bailout
Leave it to the political weathervanes in DC to turn a "rescue" package for "homeowners" (already a dumb idea) into a taxpayer-funded handout to greedy, failed public homebuilders.
Throw 'em all out, folks. Every single one.
Here's what some of the insiders pulled out of the housing bubble, before screwing up a sweet deal and running to us for "relief."
Toll Stock sales:
(Centex land sale at 18 cents on the dollar)