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Damn It Feels Good To Be a Gangster

"Israel Medina admits he got too gung ho about the idea of getting rich by flipping Bay Area real estate. Medina, a Concord resident who ran a limousine company before wading neck-deep into the housing market, has seen not one, but 11, of his Northern California properties move into foreclosure in the past year, he said. "I was a real estate tycoon; I had everything," said Medina. 'Now I have nothing.'" [SF Chron]