Saturday, November 27, 2010



44+ in 2006.
6.2 at close yesterday.

some say it's the economy.
some say it's the housing sector.
some say it's Pulte buying Centex.
Pulte says it's "goodwill impairment". (reference below)
I say that it's "goodwill impairment" also--poor product and poor treatment of customers.


"Pulte has now written down $1.15 billion, or 83%, of the original $1.395 billion goodwill recorded, according to Credit Suisse."


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