May 16, 2007
But DAMN, it's entertaining.
CNET came up with a new name for it - "Irritainment". Yup, that's it. Perfect.
Check out the CNET article on Serin. I'm not sure how the kid pays the bills, he's probably $500k or more in debt, he's lost all his houses, and it's all unraveled, but I hope he keeps blogging. One of my favorite blogs on the 'net. And I'm rooting for the kid. Senate hearings perhaps?
Casey Serin: The world's most hated blogger?
WEST SACRAMENTO, Calif.--Casey Serin is on his way to becoming the most hated blogger on the Internet.
With scant income, assets, or business savvy, the would-be real-estate mogul managed to purchase eight homes in hopes of reselling them at a profit. Along the way, he's lost all of them, run up some $170,000 in credit card and credit line debt, and launched iamfacingforeclosure.com to share his woes with the world. (Editor's note: Serin's site was intermittently reachable Monday.)
Financial exhibitionism, coupled with a lack of penitence for stiffing his creditors, has transformed the 24-year-old resident of this sleepy Sacramento suburb into a celebrity among fellow bloggers. But unlike other online celebrities, Serin's stardom comes from a unique source: "haters" who patronize his blog solely to learn what financial missteps he's made today.