The Massachusetts GOP has put out an ad (H/T Michael Warren of The Weekly Standard) highlighting Elizabeth Warren’s history of flipping properties on foreclosed homes. The ad is based on a Boston Herald story put out earlier this month documenting real estate transactions she entered into mostly during the 1990s while still living in Oklahoma. Warren, of course, has railed against banks which foreclose homes but apparently doesn’t object to making money from them.
Which leads me to this question. Did Warren attend one of Tom Vu’s free real estate seminars? If you watched late night TV in the 1990s chances are you came across one of Vu’s infomercials in which would hail his rise from poverty as a Vietnamese refugee into a real estate mogul. Vu would often be surrounded by his mansions, fancy cars and bikini clad women on his yacht telling viewers if you didn’t attend one of his free seminars that “you deserve to be broke” and “Don’t listen to your friends, they’re losers.” I’m sure Tom Vu probably held a seminar or two in Oklahoma City. Liz Warren and Tom Vu make an odd pair but I cannot help but wonder if they crossed paths.
These days Vu is part of the World Series of Poker circuit and what appears to be a multi-level marketing scheme called Zenzuu which is ostensibly a social networking site.
In any case, it would be interesting to know who taught Liz Warren how to buy and sell, as Vu put it, “distressed properties”?