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Thomas Barrack Says Real Estate Isn't a `Sacred Chalice': Video

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Uploaded by on Oct 1, 2010

Oct. 1 (Bloomberg) -- Thomas Barrack, chairman of Colony Capital LLC, talks about the U.S. real estate market. Barrack, speaking with Jon Erlichman on Bloomberg Television's "In the Loop," also discusses the outlook for Neverland Ranch, the former home of the late singer Michael Jackson that is now controlled by Colony. (Source: Bloomberg)

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  • lol at his body language 1:31 classic hands rubbing together in anticipation of profits when he brings up a deal with APPL or netflix. ha

  • Barrack just recently said he will be restoring Neverland to it's original look when Michael was living in it

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