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Robert Klein: Obituary

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发表于 5-14-2018 14:35:58 | 显示全部楼层 |阅读模式
Robert Klein, 1952-2018; High-school dropout helped banks foreclose. Wall Street Journal, May 12, 201 (in the section Obituary).
https://www.wsj.com/articles/rob ... eclosure-1526049000

The first 2 ½ paragraphs:

"Robert Klein's father once told him: 'God blessed you with a brain and cursed you with a mouth.' Working for a boss would be difficult.

"So Mr Klein, a high-school dropout, was always his own boss, starting as a New York taxi driver and later running his own fruit-and-vegetable wholesaling business in Cleveland. In 1990, he founded Safeguard Properties in the obscure business of mortgage field services. Such firms do foreclosure-related chores for lenders, including changing locks on abandoned homes, sealing broken windows and handling basic repairs so houses can be resold.

"He started with one employees and grew to around 1,000 as safeguard expanded nationwide and became one of the largest companies of this type. The surge in mortgage defaults starting around 2006 meant higher revenuebut also controversy * * *

My comment:
(a) This brief obituary is not locked behind paywall. But there is no need to read the rest.
(b) I have not heard of him, but think the obituary is interesting.
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