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.
Goodbye!Good Luck!And GOOD RIDANCE!
No.He made his bed. He is currently deep within it. Enough said. Move on. How long do you watch the video of the Hindenburg going down? Until it hits the ground? Until it collapses? Until the fire trucks show up? Until the metal frame is hauled away? BTW: who takes a picture like that? His wife? Him? Why? To capture the drama?
Publicity stunt. He'll be back.
Time to move on - anyway - thanks for the laughs... we'll always have Paris.
He has lost ALL the flips to foreclosure so what is there to blog about, credit card debt? wow interesting....
maybe he is finally doing something besides blogging.
F@ck this loser.I hope he is homeless, living under a bridge f@cking a blow up doll of david lereah.Him and his type caused a lot of families to be torn apart.He is a greedy POS.
he will be done when i see him hauled off to prison and his wife too.
I say we sentence him to a lifetime captivity in a Phoenix stucco shitbox. With no A/C. And wannabees stop by and try to scam him on a daily basis. Now that is worse than hell.
I am so happy he finally decided to stop being every disgruntled, stone-thrower's target. It was becoming painful to watch him get beat up every day. Sheesh, he's a young kid who made some mistakes, who hasn't?
Boo Friggin Hoo,this is heartbreaking all you HP,ers should get your wallets out and help bail out this poor kid.
Anyone care?*********No.Let him eat cake.
"Publicity stunt. He'll be back."Exactly. The sale of his web site in the near future is the only potentially "sweet" deal he'll be making.
Keith, There are "Haterz" blogs which spun off of Casey's IAFF sight you discuss here with regard to being "done".Anyway, if you have followed Casey's story, you have gotten to know him, as I have, so you will really LOL when you read this *************Scott said... Count me in. I started out just surprised that someone managed to get so badly in debt without a plan, then became engrossed in watching the trainwreck. Not just any ordinary train wreck, mind you. No, Casey has managed to set up conditions that are well beyond a normal train wreck. It's all in the details, too, and that's how I became a Haterz(tm). Going through his blog week by week I found that Casey has managed to assemble a frightening collection of rolling stock. What's in this freight car? Oh, a bunch of cases of dynamite. And in this one? Some kegs of gunpowder. Another is full of matches. We find the latest is now filled with tons of rotten, spoiled food because, D'oh! Snowflake forgot to turn on power to the refrigeration car. Robert Kiyosaki watches the train roll by, gathering speed, since it's on a downhill. How steep? Oh anywhere from 8% to 14% slope, it seems. RK points and laughs. "Kid, you are *so* screwed" he yells. Casey's in the engineer's cabin, staring at a big lever labelled "BRAKE". Does he pull it? No. He pulls some other lever that's unlabeled. He thinks about pulling the brake lever, but PrLinkBiz flashes her thong. Casey's distracted and forgets about the brake lever. Tim from MBA calls on the radio, trying to coach Casey into at least slowing the train down. Tim describes to Casey what a brake lever looks like and how to use it. Casey smiles and nods in that way people do when they don't speak the language, hangs up, and decides to eat some vegetarian shrimp. Casey thinks again about trying to find the brake lever. Nobody flashes their thong. Casey's distracted and forgets the brake lever. Casey pulls on some things that don't even remotely look like levers, becomes distracted, sets the alarm for 5:30, and goes to sleep so he can be well-rested for pulling on everything but that brake lever the next day. Casey sees Homeless Bob hop on his train. Homeless Bob starts throwing sticks of dynamite out the door. Casey notices, thinks about shaking his fist in rage at Homeless Bob, then decides taking a nap is a wiser course of action. People lined up along the route are yelling at Casey to pull the brake lever. "It's the one with B-R-A-K-E written above it!". "Spelling's for loosers, I'm an ideas man", Casey yells back. Casey watches the couplings pop and the freight cars behind him go lose(tm). All Casey can think of is how sweet it would be to add 200 more freight cars to his train. Casey puts out a sign advertising "Become a Locomotive Engineer! $39 Training Course". Nigel flashes his thong (leopard print, did someone say?). Casey's distracted and forgets that he's on a train. Finally, the train approaches a curve. The locomotive is going too fast and jumps the rails, with Casey merely holding onto his blue ball in the hope that it will cushion the blow. Before the locomotive and Casey have a chance to slide to a stop, the freight cars that had all popped lose(tm) come flying around the corner, each jumping the rails and hitting Casey from behind (I'm too lazy to work in any jail metaphors here - y'all can think them on your own). All these hits have pushed Casey towards a cliff. One final freight car is jumping the rails. It's full of about 15 million pennies. They're heavier than ordinary pennies because they're dirty. Lots o' momentum here, enough to push Casey over the cliff. Down below? A river. Is this the end? Naaah, this trainwreck has so much more to play out. There's a barge that Casey might land on. Not any ordinary barge, though. This one's engulfed in flames. Steering wheel's broken. A few hundred yards downstream? A waterfall. Sharp pointy rocks below, piranha in heat swimming around. There's also a plane with CashCall written on the side that hovering around. Seems the engine's stalled and it's starting to plummet, aimed right at our "hero". It just goes on and on. Come all you Haterz(tm) if you want to hear A story 'bout a flipper with no fear, Casey Serin was the investor's name "Twas in the Central Valley that he won his fame. Casey Serin, he wanted passive income. Casey Serin, chugging wheatgrass shots with glee. Casey Serin, how can he be so dumb? Thinking that no work will bring him money for free. (apologies to Casey Jones and anyone who's written similar parodies - I don't have enough time to read all the blogs and comments related to this ongoing disaster). April 26, 2007 3:14 PM.This hilarious post about a Train wreck is from one of the KC Haterz sight.enjoy.*************
Keith,here are the urls if you like:http://jeepgirlj.blogspot.com/http://exurbannation.blogspot.com/So fun.
Publicity stunt.If he was done the website woulde be down.
He's not "some kid who made a mistake". That would be true if he actually had done something to try to get out of debt. He's just a worthless con-man who is very, very bad at it. Honest people don't beg for cash to pay a $200 bill, then take out a loan in a fake corporation to buy $4,000 of worthless penny stocks... and then find out the $200 payment isn't enough because you're too lazy to go through the mail and sign a form.
I guess that he started to clean the pool realized what work was an lost it.I would like to know if he actually cleaned the pool.Also I would like to know, after he is convicted of fraud and deported what he thinks of his native land?
I'm hoping he has finally gone and gotten a JOB! (If not jumped off a bridge.)Small Hat
Congress planning any bridge to nowhere schemes and pickpocket scams again, who realy knew the value of the neo community poor house???, or the civilian defense
He will be back and laugh best and last and you all will be peasants, and lord i hope i will not be a peasant
The only good news for Casey is that he is young enough to be able to work his way out of his mess>Baby boomers going bankrupt at faster rateAmericans over 55 squeezed by mortgage debt, higher health care costsWill you ever be able to retire? Road to retirement: 3 personal profiles Myths and realities about retirement Trouble spots in state pension system Speak out: Are you ready for retirement? Vote: Compare your nest egg with others Test your retirement IQ | Full coverage Only on msnbc.com Answer Desk: Submit your question about personal finance or the world of business Only on msnbc.com Answer Desk: Submit your question about personal finance or the world of business Most Popular • Most Viewed • Top Rated • Most E-mailed Student charged for writing violent essay Al-Qaida official seen as major catch for U.S. Special feature: Worst recent NFL draft picks Bad hotels photos ‘Grey’s’ doctors contemplate changes Most viewed on MSNBC.com Guns Quiet in Somalia, but for How Long? IRAQ WRAPUP 8-Al Qaeda claims killing of 9 U.S. troops in Iraq Iraqis Split on U.S. Congressional Vote U.S. Military Deaths in Iraq at 3,334 Palestinians Fire Rockets Toward Israel Most viewed on MSNBC.com Student charged for writing violent essay Officer accused of forcing couples to have sex Economic growth at a four-year low Stewart backtracks, says NASCAR not fixed Fortune-telling no longer in the cards in Philly Most viewed on MSNBC.com Updated: 1:32 p.m. PT April 26, 2007NEW YORK - Americans over the age of 55 are filing for bankruptcy at a faster rate than the general population as growing mortgage debt and higher health care costs make them more vulnerable, a new study shows.The trend of rising bankruptcies among older Americans is likely to continue for the foreseeable future, according to the study’s authors, John Golmant and Tom Ulrich, researchers at the Administrative Office of the U.S. Courts.They found that the aging of the population alone does not account for the rise in older filers and that “bankruptcy courts can anticipate an influx of new bankruptcy petitions as the baby boom generation continues to age.”Senior researcher Jose Garcia, who examines consumer finance trends at New York-based Demos, said rising costs for housing and health care, especially prescription drugs, have made older Americans more dependent on credit. This, in turn, makes them more vulnerable to financial rough spots.“We see general trends that will definitely impact coming generations,” Garcia said.The ABI Journal study used data from the courts and public records to track how filing rates among different age groups have changed over time. In 2002, the percentage of Americans older than 45 who entered bankruptcy reached 39 percent, up from 27 percent in 1994, the study found.The steepest increase in Chapter 7 filings occurred among people older than 55.Golmant and Ulrich also found that the median age of those filing for bankruptcy rose to 41.4 in 2002, up from 37.7 in 1994.The youngest Americans, meanwhile, had a drop in filings, with 4 percent of Americans under the age of 25 filing for protection from creditors in 2002. That fell from 11 percent in 1994.Golmant’s and Ulrich’s report, “Aging and Bankruptcy: The Baby Boomers Meet Up at Bankruptcy Court,” will be published in the May 2007 issue of the American Bankruptcy Institute Journal.
For those who missed it, he actually went to his Modesto pool and took a few pix of how he poked a few sticks into the green mire, but of course failed to actually DO any work on pool. Typical, as the place was going to be F/C in a few days, anyway.That festid pool is the perfect analogy for Casey, a guy who might be good at dreaming of building castles in the sky, but not so good on actual follow-through and planning. Heck, I can relate: don't we all have half-finished projects that we never finished? That's no excuse for him, though; you'd think a person would know enough about themselves NOT to buy 8 houses in 8 months (!), when for someone like me the thought of buying my own home PLUS one rental property sends chills down my spine... You see, I was raised by parents who taught me that owning STUFF is not just about enjoying it for fun, but also TAKING CARE of it. That means cars need to be washed and waxed, pools need regular maintenance, etc. Casey never got that, I guess.But even more amazing to me is that our financial geniuses would actually allow a fucktard like that to control over $2.2 mil in loans/assets! WHAT were THEY thinking? Oh, yeah: they were focused on their FAT commissions. That's what SLIGHTLY blurred their judgement, PLUS the fact they were handing out OPM (other people's money).
Huh, I figured the FBI finally arrested him, since he had to idiotically make himself into a high-profile target. What a fucktard, like when small-time crooks like Bonnie and Clyde admit their crimes in the newspaper, and start to believe their own myth, as if they didn't know that publicity would make them Public Enemy #1.
I'm sure his biggest Cheerleader Nigel Swaby will be right there to tell all the haterz we were wrong!
The scene in Casey's bedroom:Ooh, ooh, yes Galina. Yeah baby! Ride it!The phone rings. And rings. And rings.Ooh, ooh, yes Galina. Yeah baby! Ride it! Don't bother answering that.Moral of the story: Don't waste that one call Casey...
Yeah, uh I made some mistakes as a young guy too! Overdue library books, joining the Navy but none of it resulted in myself (and others) losing $1,200,000.00Describing this @ssclown as an innocent is beyond belief.DinOR
I'm worried that Casey might buy some guns like that guy at UNC.
Nigel says he's a success.
make him pay off every dime.make him a slave to his own debt. no debtors prison for Casey.make him live under a bridge and do forced hard labor if neccessary.but make him pay every last dime back.signed,a hard ass tired of paying for eveyone else.
My, what a tough audience!I thought the Casey saga was quite entertaining. As an official curmudgeon, I don't feel much pitty for him, but he is still a person -- even if he did some really stupid things and nothing to help himself out of his mess.I'm not sure what good he would be to the FBI -- they ought to be looking into the lenders who made his loans, IMHO.
AdamBut even more amazing to me is that our financial geniuses would actually allow a fucktard like that to control over $2.2 mil in loans/assets! WHAT were THEY thinking? Oh, yeah: they were focused on their FAT commissions. That's what SLIGHTLY blurred their judgement, PLUS the fact they were handing out OPM (other people's money).Spot on, not only just other peoples' money - it will be other peoples' savings, pensions, livelihhods that take the hit - most don't even know that they are the ones that are going to get whacked or even any idea that their money has been funneled into this web of deceipt.Just so that Casey and the lenders/brokers/agents could have a speculative party.
This loser is about as important as Paris Hilton. Stop already.
To all the folks cheering on his arrest: I ask this respectfully: Do you really want the law to change so that it is no longer a civil matter but taken up by our criminal justice system?
I admit: I am really annoyed by the people who were too quick to trash those who made mistakes.In the beginning of the meltdown, there were many bloggers who supplied minute-to-minute desciptions of what was happening.They were punished for their honesty and promptly exited 'the stage.' It really infuriates me that the holier-than-thou crowd has shut them all up. Are you really more interested in demonstating how much better you are than allowing a window into this mess?
I ask this respectfully: Do you really want the law to change so that it is no longer a civil matter but taken up by our criminal justice system?And since when did mortgage fraud become a civil matter, and NOT a criminal matter? Casey ADMITTED to mortgage fraud, you know.Because if it's NOT a crime, as you say, then I'm going to make tons of $$$ via ID theft and mortgage fraud! It's EZ money, no real work required!The thing is, guys like Casey seem benign on their own, committing a scam here ot there, but the net effect has been so destructive as to bring home prices to the stratospheric level they're at. Clowns like Casey artifically reduced supply, bidding up prices on the homes they sold (who needs 8 houses, exactly?), and THAT'S part of why alot of us are sitting on the sidelines, waiting for the market to return to normal dynamics.Flippers can be cute and benign on their own, but they're kind of like termites: one or two will cause little damage on their own, but a colony will bring down the entire house....
"I ask this respectfully: Do you really want the law to change so that it is no longer a civil matter but taken up by our criminal justice system?"Is fraud of the sort Serin seems to have perpetrated a criminal matter? If so, yes, lock him up.
For the guy who thinks he bought 4k in worthless goldmining stock...he posted that on April Fool's Day...There is no way he bought that stock...
Fraud .... grand theft ....... so .... American.Kids don't need no stinkin skills;don't need no stinkin future.Math iz jus crazy stuff.Got the beer n cookies ?Oh, what to watch ....tattoo show ... face-bashing ... Springer ... poker ... .Got all we stinkin need !
I think I saw Casey on the street corner spinning a sign for a nearby condo community.
Casey Serin... After self-admittedly hitting bottom, the kid hasn't published or allowed comments for a week now. Anyone care?Oh dear. And with a home-debtor bailout program just around the corner.It's sad to think that Casey may have been able to keep all of those houses he lost to forclosure.
Casey posted again, dated today. The last house foreclosed.
"To all the folks cheering on his arrest:I ask this respectfully: Do you really want the law to change so that it is no longer a civil matter but taken up by our criminal justice system?"I agree. But I would like to see scofflaws like KC picking up trash as part of their community service. If you want society to operate on polite, unwritten rules, you need to smack down those who take the piss. And guys like KC have taken the piss.I don't advocate the return of debtors prisons but bankrupts should be treated as the shameful failures they are. We'll pick up the tab as a society, but I don't want to hear any bollocks about 'well at least you tried' or any such nonsense. They're Darwins offal and they should be damned thankful all they have to deal with is a bit of humiliation.Mail Guru
Casey asks, What's next? On his latest post. I suggested that he should try either man whore, or prison bitch, both are solid career opportunities.
Casey is BACKWe knew our little Flipper would make it...
he is the britney spears of real estate. he loves controversy more than his financial future.
You must express the same amount of pity for this gambler as you would for some guy at the dice table.
Adam said....."But even more amazing to me is that our financial geniuses would actually allow a fucktard like that to control over $2.2 mil in loans/assets! WHAT were THEY thinking? Oh, yeah: they were focused on their FAT commissions. That's what SLIGHTLY blurred their judgement, PLUS the fact they were handing out OPM (other people's money)."I do believe that you have put your finger on the problem. Banks could safely make any kind of loan they wanted, then package it up and sell them to your pension fund.
KC's sight is totally down again.
Just remember this - Casey stole a lot less money than anybody at Enron did, and Ken Lay is probably living it up in South America. It took YEARS before anybody was arrested for that, and they stole BILLIONS.
He's back.And no, he didn't clean the pool, or even bother to empty it. Apparently it was too hard to run a hose to the sewer line, and tun on the pump he rented.
Post a Comment
Enter your email address:
Delivered by FeedBurner