[fightinJAG]

Notice they said most of these people avoid foreclosure through “emergency procedures such as a short sale.”

Let’s see the little guy try to get a short sale when he’s in an “emergency.”

[Arguendo]

There's a reason these guys can afford a house in the Hamptons. Obviously they might not be perfect at managing their money, but they're pretty good at earning it and probably have a decent idea how to control the situation when they get in trouble.

It's not like they're calling up their buddies running the banks to bail them out or anything.