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FAIL!

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The word of the day is "fail." Thanks USC, WaMu, stock market, government and now the Manhattan Beach housing market. Via MB Confidential: "One month ago, to the day, MBC featured 4 Hill Section homes that had all gone into escrow within days of each other. (See "A Hilly Hat Trick.") Now, 3 of those 4 are back on the market after failed escrows..."[MB Confidential]