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End of Monster Buybacks? - Cramer's Stop Trading! (9/25/08) [View article]
"KB Home is a "good company, obviously in a terrible industry," with a good balance sheet and a safe dividend,...
I respectfully disagree; KB Home is a terrible company, obviously in a terrible industry. KB was one of the first builders to target unqualified buyers and participate heavily in predatory lending, which contributed greatly to the massive real estate market meltdown. In fact, KB paid a token $3.2M fine to HUD for loan irregularities not long ago. KB should be given the recognition due as a key player in this national financial crisis. KB Home is a giant to be prosecuted, instead of trusted by investors.