2008-07-21ml-implode.com

Option Armageddon's Rolfe Winkler takes it to the MBA's CEO Jonathan Kempner:

Like the rest of the real estate universe, the Mortgage Bankers Association is in trouble. Membership is in decline, meeting attendance is down and some of MBA’s largest conference sponsors are either out of business or cutting back. With this in mind, it seems a poorly-timed decision to double-down on real estate. But that’s precisely what CEO Jonathan Kempner did, using MBA’s reserve fund to construct brand new headquarters.

Read the rest of his hard-hitting expose!



Comments:

dks at 21:32 2008-07-21 said:
This could be the reason I received a call last week from the membership department. They wanted to make sure I was happy with my membership and to see if they could answer any questions for me. Curious. Permalink

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