05th of February 2007
When it comes to making sound investments, Lee Iacocca knows a thing or two about a thing or two. Famous for quotes such as "The trick is to make sure you don't die waiting for prosperity to come" and for giving up his salary for a year to help resuscitate a failing Chrysler, Iacocca knows when to buy and when to sell, and it looks like it is time to buy. Investment group Full House Resorts, of which he owns 12%, is set to buy a Fallon, Nevada casino, which could be the first in a suite of gambling centered purchases.
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