Och-Ziff hedge fund looks to exit landlord business

[Rob C.]

All the talk lately is about hedge funds entering the market. Interesting to hear that one of the first to enter is now looking to get out:

http://www.reuters.com/article/2012/10/17/us-foreclosed-hedgefunds-idUSBRE89G1TE20121017

[Ned Carey]

Maybe they should have been reading here at BP. They would have learned about the 50% expense rule and had more realistic expectations of profit.