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Originally Posted by you&me
Exactly. Nevermind that a $4B loss represents ~2% of their portfolio... Not exactly a damning indictment.
People seem to think that AIMCO is a branch of the UCP, run with the typical nepotism and cronyism that we've all come to love and expect of the UCP... Which of course, couldn't be further from the truth, but I suppose must make people feel better for lashing out at something they know nothing about. 
The reality is that AIMCO is kind of a big deal, and run by serious people, from all over. This isn't hasn't been Danielle Smith parachuting in her inbred cousin to throw darts at a board. |
FYP.
I don't think anyone has been saying this is a problem. I think people are saying when you put crazy people who don't care about reality in charge of government its a real risk that should be taken seriously.