LOOK OUT BELOW!!! CENTEX DUMPS LAND FOR 82% OFF. THAT'S RIGHT, THEY GOT 18 CENTS ON THE DOLLAR!!

`` The joint venture that is led by Dallas-based RSF partners paid $161 million for 8,500 lots in 11 states. The book value, according to Centex, was $528 million at the time of sale, but analysts say that was already after significant write-downs. They say the land was worth $900 million originally.''