Rudy & Eliot : Two Men With (the Same) Plan
His political career might be in tatters, but Rudy Giuliani seems to have figured out a new career path: According to the Times, the former mayor is starting a real estate investment fund.
"The people involved in the real estate venture said the fund would focus much of its energy luring foreign investors who see an opportunity in the continuing weakness of the dollar."
Sound familiar? Didn't another not-so-popular New York politician recently announce a very similar strategy?
Yes, indeed!
"[Spitzer] is shopping around a plan to start a vulture fund that would scoop up distressed real estate assets around the country, revamp them, and flip the properties for a profit."
Vulture real estate: The hot, new career path for disgraced politicians!
