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Great American Group Condor

by Jacob Shafer

March 18, 2010

Recession vulture: An individual or company whose profits are derived from the economic misfortune of others. Not necessarily a pejorative; recession vultures play an unglamorous but vital role in the business ecosystem.

Ex: "For more than 35 years, Great American Group has partnered with businesses across the globe in effectively appraising and divesting assets…"

- From the Web site of Great American Group, which will auction Maui Land & Pineapple's "excess [agricultural] assets" on March 22