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Eli Broad: Economy Worst Period in his Life

Posted on July 01, 2008

From Bloomberg: Broad Says Economy in Worst Slump Since World War II Billionaire investor Eli Broad [the founder of homebuilder KB Home] said the U.S. economy is in the worst period'' of his adult life as a housing market recovery remains several years'' away. For anyone associated with home building, the current period has to feel like an economic depression....

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economy , housing