Comments on: A Homebuilder Bankruptcy is Imminent http://howardlindzon.com/a-homebuilder-bankruptcy-is-imminent/ TRENDS - Find them, ride them and get off! Stocks, venture and civilization. Fri, 19 Mar 2010 04:59:39 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Mike O'Connor http://howardlindzon.com/a-homebuilder-bankruptcy-is-imminent/comment-page-1/#comment-149071 Mike O'Connor Fri, 28 Sep 2007 03:44:29 +0000 http://howardlindzon.com/?p=2678#comment-149071 Possibly the management teams primarily consist of marketing types--- not construction types, architect types, finance types, etc. And it's all other people's money to them. They just rake in bonuses and stock options and the subsequent bust is on everyone else--- they can weather a few years of just ordinarily high base pay until the next cycle. Possibly the management teams primarily consist of marketing types— not construction types, architect types, finance types, etc.

And it’s all other people’s money to them. They just rake in bonuses and stock options and the subsequent bust is on everyone else— they can weather a few years of just ordinarily high base pay until the next cycle.

]]> By: Jo http://howardlindzon.com/a-homebuilder-bankruptcy-is-imminent/comment-page-1/#comment-149067 Jo Thu, 27 Sep 2007 21:30:17 +0000 http://howardlindzon.com/?p=2678#comment-149067 Schrute bucks is imminent. Schrute bucks is imminent.

]]> By: Chris http://howardlindzon.com/a-homebuilder-bankruptcy-is-imminent/comment-page-1/#comment-149057 Chris Thu, 27 Sep 2007 14:29:03 +0000 http://howardlindzon.com/?p=2678#comment-149057 "In hindsight, it is freaking unbelievable to me how poorly managed these homebuilders really were. I mean, unlike internet companies in the bubble, these things had cash flow." Greed! That's why they failed to prepare, they were busy counting their profits in an inflated market. Of all the big time builders, only NVR prepared for the down turn (and only slightly). “In hindsight, it is freaking unbelievable to me how poorly managed these homebuilders really were. I mean, unlike internet companies in the bubble, these things had cash flow.”

Greed! That’s why they failed to prepare, they were busy counting their profits in an inflated market. Of all the big time builders, only NVR prepared for the down turn (and only slightly).

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