That whole rubberstamping and bypassing deed registration thing just didn’t pan out.
posted on 02/01/2011 7:29:24 PM PST
(Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.8)
He was not getting rich from foreclosures, he was pulling a madeoff and selling bridge stock. Some fools will invest in any kind of pipe dream. There is no way to get rich in handling foreclosure's for banks, the real money is in buying the bad debt for pennies on the dollar and then hounding the people to the grave. There are a few law firms. That have done that for years.
Face it it’s the Dead Beats’ FAULT!
posted on 02/01/2011 8:01:16 PM PST
(".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
That’s what the free market and investing is all about. If the guy who took it public committed fraud, that’s one thing; but if all of these disappointed investors simply jumped on the bandwagon of what wouldn’t have looked like such a great deal if they’d done their homework properly, then they got what they deserved.
posted on 02/01/2011 8:23:32 PM PST
(The phrase "good enough for government work" is not meant as a compliment)
Investigate Ashley Wilkes (Wesley Clark).
posted on 02/01/2011 8:45:25 PM PST
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