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Mid-Week Reality Check: Foreign Buying of U.S. Trophy Assets

Published: July 09, 2008 | 1:52 PM

Michael Pento

Listen to another spot-on episode of the Mid-Week Reality Check. This week Michael expresses his bewilderement over the financial media's positive portrayal of Abu Dhabi's recent purchase of the Chrysler Building.  Does foreign ownership of U.S. trophy assets help our economy?  Find out what Michael thinks in this classic segment.

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