Friday, August 15, 2014
I need a twitter account for this blog because some things I read are only worth the 140 characters of a tweet. In an email today pushing its annual conference, REISA highlighted a session called "The Anatomy Of A Successful Oil and Gas Deal." Besides hosting a fantasy session, apparently REISA forgot that its full name is Real Estate Investment Securities Association. A look at the companies sponsoring this year's REISA event includes several oil and gas companies and the sponsor of a dodgy note program. (The notes are backed by life insurance policies - i.e. people have to die to pay interest and principal.) Good times.