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BEVERLY HILLS, CA–Real estate stalwart Sam Zell, chairman ofChicago-based Equity Group Investments LLC, was part of a realestate panel yesterday at the Milken Institute Global Conference2006. Held at the Beverly Hilton Hotel, the three-day eventexperienced more than 2,500 attendees and 380 speakers, includingnumerous Nobel Prize winners, but none shot any straighter than thecolorful Zell.

Billed as "Real Estate: Has the Boom Busted?" the paneldiscussed and debated industry issues including the potentialhousing bubble, the global aspects of real estate and property asan emerging asset class, among other topics. As typical, Zell tookan atypical stance on many of the pressing issues.

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