Billionaire Wilbur Ross at the Miami Basel Art Fair

Wilbur Ross a billionaire investor who specializes in resurrecting failed companies, is betting the U.S. mortgage market will rise from the dead.
He was with his wife, Hilary, on the bustling floor of the Art Basel Miami Beach fair over the weekend.
What was $20,000 a few years ago is now $1.2 million, he said. [from Bloomberg]