Tuesday, December 27, 2011

Confronting Leadership . . . Overpayment

"Jerome has been a leader in overpaying in real estate, especially when his friends are involved. It is not surprising that he has not fixed the problems that allow for million dollar mistakes to be repeated. We've called for a real estate transaction policy to be implemented, repeatedly."

Choice excerpt from today's Leucadia Blog article citing Jerome Stocks' leadership of SANDAG's recent purchase of the privately owned South Bay Road for $345 million. Read the whole piece and watch the embedded video clip at Leucadia Blog.