The Conman
February 07, 2007
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A time capsule of the greatest financial mania in the history of mankind, told in real-time by regular folks and patriots. May future generations better understand the madness of crowds, and how power and money corrupt.
16 comments:
Was he trying a Jedi mind trick with the hand?
1.95%? Can you say "Pre-Foreclosure"?
Here comes Congress:
http://news.yahoo.com/s/ap/20070207/ap_on_go_co/congress_foreclosures
Get ready for the Sarbanes-Oxley version for real estate to come soon.
This was a joke right? Jamacian/Nigerian accent.
In a tee-shirt?
I can't imagine what the small print in the contract reads.
Be easier just to SQUAT!
fusion smelting composite everything from common dirt with molds and non paid royalties in the garage, got metal shares that transmit electrons? perhaps i underestimated the computerists!
what the power source???
may have to side with the criminalists gene splicing the food sourses for rapid growth and mass production, gotta eat!
He says "we will show you how to leverage the equity in your home"
What a scammer!
That would have worked in 1997, but not now.
BAZEBALL BEEN BERRY BERRY GOOD TO ME!
Oh yeah, he got my interest. Unlike my boyfriend who's in the sixes, he looks like a 9 or ten for sure!
Jesse's back! Just as I predicted (despite charges of racism here on HP), Jesse Jackson's testimony marks his return to DC as a power broker. His pet project is a one-time (ha ha) 15% tax on all 401Ks and private pension funds. If the Dems decide to put together a bailout package for FBs, now we know where some of the money will come from.
Bend over, here comes the golden shaft and Nancy didn't even bother to grease it!
Hey hey hey!
New Century financial reported a bad quarter and revised it's previous quarters down.
http://tinyurl.com/2f3p5m
"Meanwhile, New Century Financial Corp. (NEW.N: Quote, Profile, Research) projected a fourth-quarter loss, and said it expects to restate each of the previous three quarters' earnings lower because it did not set aside enough money to buy back subprime loans that went bad."
Oh, so now everyone suddenly discovers all their accounting irregularities.
Nice job. Stack dropped 16% to 25.45 after hours. Most unfortunate. I am so upset.
The good news, I got a May 25 put option that is only .46 cents from green now. That's really sad that a company with a pathetic P/E of 4.47 already, crashed even further down. You can't get much more pathetic that that.
Now let's see what happens tomorrow with the other mortgage stocks that probably just hollowed out shells waiting to fall.
I forget who once said, "All we have to do is kick in the front door and the whole rotten structure will come crashing down".
"these are cola nuts....."
It seems that the crooks traded the infamous Nigerian letter scam for mortgage fraud.
You put the lime in the coconut...........
somebody should cut off Jesse Jackson's head if he's gonna take 15% out of everyone's 401k.
Who's the government going to sell the stolen stocks and bonds to?
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