I hear the division was toxic which makes more sense than all of this. CEO said cut! Way to go! This loss was not immaterial but it also wasnt too material as

I hear the division was toxic which makes more sense than all of this. CEO said cut! Way to go! This loss was not immaterial but it also wasnt too material as they werent even leveraged on the homes. They had orders of magnitude more capital to risk if they really chose to dive into this or take it at least to real estate 2008 levels. Far from it.