June 14, 2007

Casey Serin has flown the coop - now in Australia, iamfacingforeclosure.com blog back up, and HP'ers vote Keep Casey or Dump Casey

OK HP'ers this is your chance. In true Larry the Lobster form. This thread will decide it.


A) Keep Casey - I keep you up to date on the kid's adventures

B) Dump Casey - I never post about Casey or Iamfacingforeclosure.com again. Ever.

First 100 votes with logged on addresses, we'll count 'em up, and majority rules. Don't get 100 then it's not a vote.

Yes, I’m here in Australia. The rumors are true. But a lot of people are slanting the story to make it seem worse than it is. These people are spreading crap about me to ruin anything left of my name and ruining the reputation of everybody who is associated with me.

No, I did not leave my wife penny-less and run away to Australia! It’s amazing how some people are trying so hard to sabotage my efforts to make an honest buck through my story/publicity


117 comments:

JBR said...

Dump him please. Robert is doing a bang up job over at Exurban. Casey has milked his 15 minutes far more than a room temperature IQed individual should be allowed. Prefer to read about him in the obits column.

happy2rent said...

My vote: Keep posting... It's kind of fun being one of the "haterz"...

Anonymous said...

Keith, you're wasting your time putting this to a vote. You have a personal bond with Casey and it's your blog. To think that you could ever cut it off is misguided.

The guy is something. Most people would say work two jobs (60+) hours a week and at least make it seem like you're trying to do the right thing. Now he's flown the coop. Too bad Australia has extradition treaties with U.S. So that ain't going to work for long. Besides, Australia has a housing bubble too. His act will get stale there real fast and then he'll be off to the next locale. If he wants to really get away from America's reach, he best head for Yemen and ask for political asylum. Then Al Qaeda can train him to become The American Taliban #2 and he can come back to the U.S. and do the Morning Talk Show circuit.

Casey, provided he doesn't off himself, is in the early stages of his journey through the absurd. And he can blog from anywhere. He'll be a human Wikipedia by the time he's 70.

Maybe he ought to go to Albania so he too can get a hero's welcome?!?

Benvolio Montague said...

dump

I would consider a post reporting his lynching at the hands of an angry mob, but only if there is a confirmed ID of the corpse from a reliable source.

westwest888 said...

I vote "NO". No more loser stories.

burn baby burn said...

Thumbs down

saw buzz said...

Keith, you're wasting your time putting this to a vote. You have a personal bond with Casey and it's your blog. To think that you could ever cut it off is misguided.

I agree with anonypuss, Keith is in love with KC. Delete away Keefer...

wine country dude said...

Dump.
First, HP is not the primary source for Snowflake news. Don't be derivative. There's a place for Casey news--and I admit to being an addict, too--but it need not be everywhere.
Second, said flake is going to keep up his BS until he is actually, physically, put in a cell. It is endless.
Third, and most importantly: Flake's story now is not about housing, or the economy, or even facing foreclosure (it's already happened five times over) but about his own mental illness. Not really part of the HP portfolio, I think.

Downtown O-Town said...

Casey is way too entertaining to not keep track of him.

Everyone is good for "something" . . .
Casey is good, "for a bad example."

Lou Perlman (boy band promoter, turned apparent fugitive) just got arrested in Indonesia . . . don't you want to blog about it, when Casey gets his due.

Keep up the Casey news.

Orlando, Fla

mazuvan said...

Keep blogging about that fool Casey.

Guy Daley said...

Casey is old news, not interested anymore. We hacked on him enough.

Economic Despair said...

I say keep posting. If I may paraprase a line from "an interview with a vampire" Casey Serin represents the "spirit of our age".

I have tried to keep away from commenting on Casey Serin on my blog. But the guy keeps on surprising me. It is impossible not to talk about him.

Lose Casey and you lose part of the housing crash story. Agian, keep him on the blog.

Guy Daley said...

P.S. Besides in the big scheme of things he's a small time player.

synthetik said...

B) Dump his sorry, worthless pathetic ass.

I'm pretty sure how this story ends, and I just don't care.

Anonymous said...

Honestly I couldn't care less what happens to this doofus. I fail to see why anybody does.

Anonymous said...

Keep Him.

Just for the Haterz sake if for nothing else.

myhouseisnotaninvestment said...

dump

adding fuel to his fire only makes his antics worse.

Ken said...

Keep Casey,

It is like a strange ongoing train wreck, one is almost unable to look away. Plus it is your blog, pick what you want to pick, if I or others do not like a story they can skip it and wait for the next piece.

SanDiegoRenter said...

Keep posting, it's like watching a train wreck. Sad and fascinating, but I can't look away.

OC Mike said...

If the dude has something to say, let's hear it. He is a public figure in the real estate crash, so he should be covered.

However, he hasn't had anything to say since he told everyone his story. Now he is just popping up with, "IM STILL HERE!"

Why would anyone give a crap about the guy checking in, telling us where he lives, etc...

Real estate news is one thing.
Turning Casey into Paris Hilton so we can obsess about him is lame.

Out at the peak said...

This is a tough choice. I think he's at the end of his rope. I vote to only have an update when there is a huge development. Such as him getting a divorce or arrested.

Anonymous said...

Casey wasn't the only one!


Bear Stearns fund facing mortgage losses: WSJ
Thu Jun 14, 2007 7:33AM EDT
Email | Print | Digg | Reprints | Single Page [-] Text [+]
Market News
Stocks climb with oil sector
Bonds rise slightly as buyers look for bargains
Dollar rises above 123 yen to 4-1/2-year high
More Business & Investing News... NEW YORK (Reuters) - A hedge fund managed by Bear Stearns Cos. Inc. (BSC.N: Quote, Profile, Research) is scrambling to sell large amounts of mortgage-backed bonds in a potentially troubling sign for the broader mortgage-backed bond market, The Wall Street Journal reported in its online edition.

Bear Stearns' High-Grade Structured Credit Strategies Enhanced Leverage Fund is facing losses and, together with a sister fund, is trying to sell about $4 billion in bonds to raise cash for redemptions and to prepare for likely margin calls, according to the report, which cited people close to the fund.

Market sources told Reuters on Wednesday that Bear was aiming on Thursday to sell $3.8 billion of asset-backed securities backed by subprime loans.

Bear Stearns was not immediately available for comment.

Bids for the bonds, many of which are backed by risky subprime mortgages, are due on Thursday, shortly after Bear reports quarterly results. The fund could be shut down if the sale is not a success, the Journal reported.

David in JAX said...

Keep him. I want to see how bad it gets for him.

Anonymous said...

Ruin your name? You've got to be kidding me. This kid is the poster child for everything that's wrong with America - that said let's vote him into a polical office of some kind - he knows how to steal and is full of crap! Perfect!

Debbie said...

In the words of Dan Savage: DTMFA

(Dump The Mother Fuc-er Already)

hurin said...

Dump.

Whatever happens next Casey lost all the houses, so it's not relevant anymore.

Leave him to Exurban Nation.

Zoe Rochelle said...

B) Dump Him

Anonymous said...

Dump him. Starve the beast.

Anonymous said...

Dump that story...

Anonymous said...

Dump him.

Anonymous said...

Please keep posting on Casey.

Once he shut his blog down, I stopped visiting. It was a bit of relief to no longer feel compelled to read about sweet deals.

I'm not eager to help his ad revenue. If I can follow his story at at distance, great!

Drift said...

I would have said dump, but I have to say that the having fled to down-under has me interested; if only to hear the excuses....

serin hater said...

Dump the POS!!!!!!! I'm tired of this loser, tool, spanktech, someones b@tch, gay looking darelict.

Doktaire said...

I dunno, his actions just beggar belief. When it transpired in Australia, my jaw nearly hit the flaw. His wife would do well just to leave him, I think. He is a flake plain and simple, I guess it might make feel better as you can always say, "I am better than Casey", but honestly, is that saying very much?

RipeDurian said...

Thumbs down,

to the lions with this twit.

Kevin said...

Keep posting about the loser

HauspocalypseNow said...

DUMP CASEY

HauspocalypseNow said...

ok, how about ONLY COVER HIS STORY WHEN HE GOES TO JAIL/IS PROSESCUTED.

we must not publish successful fraudsters. only promote the caseys where crime does not pay (are there any!?!? lets find em!)

looks like the vote is headed to dump. but plz allow a clause for JAIL /PROSECUTION (then u can cover it)

gritmonkey said...

Keep him. Its like watching a slow motion car wreck - horrifying but fascinating.

gt said...

B
there ar enuf storeez w/o this loser involvd

Anonymous said...

dump

coffee is for closers still in business said...

B) Dump Casey - I never post about Casey or Iamfacingforeclosure.com again. Ever.

Quit talking about this pathetic loser. The only thing worst than Casey is our governement that hasn't locked his sorry ass up!

Ostriches said...

As much as I dislike him, he serves as one of the preeminent representatives of all that is is wrong.

Adam said...

I agree, dump the guy.

My main concern is his little shenanigans are only distracting at this point, pulling off the focus on the larger story of corruption that has thoroughly screwed up the housing market. The problem is bigger than Casey, so don't let him serve as a distractor.

The only further info I want to read on that looser (sic) is when he's:

1) arrested

2) serving time in Fed prison for mortgage fraud.

Anything less than that is just enabling him to continue being an idiot, and a distraction.

Anonymous said...

Why does it have to be "all or nothing"? I would vote to stop posting unless something really big happens, like, he goes to jail.

armed said...

Dump his ass. No wait that is what i would tell his little sweetie. Plus I have a job deliver'n papers. I can live in my van and write it off. Who's smarter now honey?

kailuan said...

Dump, but I wouldn't mind an update if there is some huge development.

Anonymous said...

Must follow PUMP and DUMP... and now, it's time to DUMP.

W.C. Varones said...

I wonder if Casey's Australian host is making him dress like this.

Anonymous said...

dump him

Roccman said...

screw him...no more posts!!!

16minutesplus said...

Periodic updates are good--anything to keep people from going to IAFF.

The best thing is to starve the troll of the one thing that (he claims) makes him any $, and that would be going to his site.

jt said...

Casey does not need you anymore. His training wheels are off. His book deal in place. His marriage in shambles. Whether or not he needs you is not even on his radar.

The real question is how much you need him as a scapegoat in the town square being flogged with a whip and being made an example of.

You need him more than he needs you.

HauspocalypseNow said...

ok after reading some posts, i change my vote: keep

he is 'the spirit of the age' as the other guy said.

hopefully someone will get rich investing wisely and by working a w-2 job and then start a blog about it. then you can link to him!!! (take dat casey!)

I dare any of you to do so.

sam said...

With a failed entrepreneurial experience around the same age, I have a bit of sympathy for the guy. It does make one insane and somewhat unemployable, being on top of what you sincerely believe to be a brilliant idea only to watch it crash and burn.

That being said, there's nothign particularly novel or creative about doing cash-back financing and flipping properties. And he is an effete flake who is disgracing his family.

So given my sympathy, I vote no. The attention he's receiving is perpetuating his stupidity.

Anonymous said...

Keep him.

watchingdogma said...

Dump Casey

Flagg707 said...

Keep posting on Casey.

thumb down said...

Dump the guy cause he is getting money from ads. I stopped reading his POS blog after the links fiasco.

Thumbs down said...

Having read the comments I change my vote to DUMP but report arrest / divorce / and any other major disasters that he truly deserves.

FCJohn said...

Thumbs down...Dump his ass

We already know how this is going to turn out.

FC John

Anonymous said...

Dump him and find a more current topic. There are plenty of other stories out there to watch.

--Chet

Anonymous said...

Reputation? Damm!

The guy is a snot nosed criminal, commited fraud to borrow millions of dollars that he can't pay back.

Jail Time!

This dolts that cause themselves real estate investors are simply street criminals and all need to be locked up for a long time.

Anonymous said...

dump

EconE said...

dump him...he provides nothing of value to society at large

Jane said...

My vote is to keep posting about him. I live in Australia and I don't see how he can get a visa to work here? He'll get deported soon enough or caught out by the authorities. At present we are not looking for complete losers/bankrupts to come and live in our country. Should be interesting to see what happens.

Markus Arelius said...

B. - as in Boring.

But by now we know that you cannot resist it, Keith. You won't listen to us on this one.

It's not enough that Serin's face will be plastered within millions of college business ethics textbooks in case studies about financial illiteracy, greed and irrational exhuberance...

Anonymous said...

Continue posting...so we don't have to go to his site. We should limit the traffic he gets. It would be nice to know when he is arrested though.

Small Hat

Sally Schadenfreude said...

As long as it's entertaining, post it.

shterenta said...

Dump him. His act will get real old, real soon. There is no real money for him in the book, nor is he a good businessman. His wife is hot though.

Anonymous said...

Dump him and start thinking about how much 2.2M (or just what it will cost to prosecute/jail him) would have bought in health care for your family, research to cure some godawful disease, whatever...

People need to get their heads out of their a***** and start thinking self protectively about what people's financial dishonesty costs THEM... It's not benevolent....

Anonymous said...

First of all, he's NOT in Australia, he's a liar, so why would that be true? Where did he get the money for a plane ticket and a place to stay? It's just another hook. DUMP CASEY NOW - BIG WASTE OF TIME.

Anonymous said...

For the love of God, PLEASE stop feeding the addiction. For some reason-- one that no one I know can cogently make sense of-- we find this sociopath's story compelling. Stop the madness, please! The only post I want to read is that Galina threw his worthless ass to the curb.

OMG, this subject brings out the worst, trashy Jerry Springer side in me....

Holiday Inn said...

Dump him, but do provide an update when he gets arrested.

DroolinhgBlob said...

drop the kid. Yes, entertaining, but too peculiar a nutcase to be representative of any other bubble dorks. exception: if he really does come up with good site on handling foreclosures, ha ha, well that might be good to know.

Paul E. Math said...

Keep Casey. But make sure that it is completely as an object of ridicule and contempt. No more soliciting for Casey donations - there are many deserving charities and every penny you give Casey is a penny you deny to kids with leukemia, multiple sclerosis, etc.

This bubble needs a poster-child and Casey is a good one but let us never ever encourage his irresponsible behaviour. He is a POS, pure and simple.

Anonymous said...

Dump

scummy said...

Dump him.

Exurban nation has sufficient coverage of his train wreck.

ifrpilot said...

Hi Keith- You do a fantastic job on all aspects of your site- Pulling Casey would be like removing the red sprinkle topping in the tasty Jelly Donut that is HousingPANIC. It would still be great, yet, somehow, something would be missing.

suzanne researched it... said...

Dump the chump and save us from hearing his long, painful slump!
-SRI

Anonymous said...

My vote it to stop posting Casey's Blog.

buy_high_sell_low said...

keep.

Like the train wreck references, I can't help but look.

Anonymous said...

"But the so-called haterz have become the most vocal. The HousingPanic blog calls Serin "the physical representation of fraud, greed, debt, fear, bubbles and human folly." Others, including some inside the U.S. Department of Justice, have been prodding federal and state prosecutors to indict Serin for mortgage fraud."

http://tinyurl.com/2taajc

Dump this loser!

Anonymous said...

Dump him! He is a fucking free loader and people like you make him feel good about himself.

Anonymous said...

Dump the jerk.

Anonymous said...

dump

Anonymous said...

As if this punk is where he says he is .

Embdddsgnr said...

No more, please. I'm from Sacramento and I'm sick to death of hearing about this turd. His story is (and will be) repeated thousands of times over. There are more interesting things to talk about.

Adam said...

b

Adam said...

b

Student said...

Dump him.

He wont be here long.... said...

As a U.S. Citizen he gets a 90 day tourist/visitor visa. After 90 days he has to leave--and unlike "other" countires, this is enforeced fairly stringently. If an employer sponsors him and pays 5 grand in legal fees he can get a temporary work visa--also enforced. However, our immigration policy is point based and the person wanting to be a resident or citizen must have a number of skills, education to be eligible. My point--he will be back in U.S.A where he belongs--Vegas or Miami is his kind of place not Oz.

Student said...

Dump him.

Bill said...

Keep Casey

Anonymous said...

Keep posting....some guys you love to hate. He is an icon of the bubble trouble with this chapter in history.

Anonymous said...

keep posting. i need closure.

Anonymous said...

I'm in the middle...
an occasional post on his greatest new absurdities is ok, but don't waste too much bandwidth on him -
exurbanation is doing that and anyone who needs a daily fix can go there...

lunatic fringe said...

Dump!

Anonymous said...

DUMP. please.

Anonymous said...

Dump Casey. He resisted or screwed up any help offered to him, has lost all of his houses to foreclosures (if the one in UT hasn't yet it will soon) and is now just a little flopper on the run. I will occasionally look him up on caseypedia, but my interest is reduced to the question if the justice system can and will punish him and his like, for example by denying bankcruptcy protection and force him to give everything above the poverty level to his creditors for a long time. Sweet.

Anonymous said...

Keith,

I give thumbs up but on one condition.

Only report if he does something really significant. Like pay back all his debts or get arrested.

His blog has gotten entirely boring since his last foreclosure.

noprogram said...

So the kid's a few sandwiches short of picnic and is the exemplar of the naivety, avarice, deception and slight of hands that produced this mess. He's the zeitgeist for the boom boom paradigm. We've got popcorn haven't we? I don't hate the guy personally, he just took the bait that's all. We didn't. C'est la vie.

Anyway looks like he's turned up at one of the local Holden dealerships and swindled a 'test drive' probably, or faking 'success' just like the cheesey clerk/ho's in their pimp leases. -It's not as if Casey would be be hard to find with a trail of destruction like his afterall. It's already flipped out over in Aus anyway, so it's not like he can do anymore damage, plus Aussies are pretty level headed and may actually beat some sense into the crazy little flipped out kid. Unless a croc eats him first.

I'm in New Zealand (not that far away from Aus relatively) and we have the mother of all bubbles here as well. Except most of the punters haven't got a clue what's happening and why there's a smell of napalm in the morning. The MSM and the clerks have it stitched up nice and pretty over here. Personally I feel lucky to have found HP after thinking WTF(!) is going on, while absolutely getting no sense out of anyone around me. I found HP and got myself a whole new insight. I just wanted a place to call home but people would think you were nuts not to be getting into the 'don't be priced out'...'everyone's doing it'...'not making more land' mentality. So the kid got lured in, that's what it was designed to do wasn't it? He's just the one the pawns in the global chess game, if we all aren't at some level?

Maybe he ends up crossing the Nullarbor desert on a camel, meets an Aborginal that has a boomerang and a water pouch, gets the bigger picture and decides to dedicate his life to building houses for people who really need it? -I doubt it somehow.. but I say keep him.

hater said...

Dump it

a.creampuff said...

Looks like you got 100 votes. Although the stories of "other Casey Serins" are more interesting,
I say "how can you ask?" I want to know if he's ever held accountable (other than that, only significant stuff as prev. anon says).

I am facing the need for moreclosure!

Keep.

X-NoVA said...

keep him! its too hard to keep track of all the bubble blogs so the updates pare it down a bit.

F-KC!

JustDontLook said...

Dump him. His story no longer has anything to do with the housing market.

Veronica Lodge said...

Dump Casey?

Don't be absurd! Casey's shenanigans help break the monotony. He's the life of the real estate-crash party.

Please continue to use Casey's entrepreneurial hijinks as a source comic relief.

V.L.

Mammoth said...

Keith,

My vote is to dump Casey and never mention him again.

Anonymous said...

Not only dump Casey, but stop accessing his pathetic blog. He's making a living out of that site and off your backs, just for being a con.

Luve-that-Bush said...

Keep tabs on his whereabouts. I enjoy reading about the lifestyle of lazy Gen-X financiers.

Brandon said...

Casey's homes are gone, and all he's got left is debt. Don't report about him anymore because his life is turning into a soap opera caused by his fame, rather then the repercussions of his real estate decisions.

Anonymous said...

dump him. he's too angry now and lost his charm.

FlyingMonkeyWarrior said...

Keep him and his link, and only post a thread if he has a nervous break down, gets a divorce or does the perp walk.

TM said...

Dump. He's no longer relevant to the Housing Debacle.

Anonymous said...

If its true that the markets have been designed to make the largest amount of people suckers o the 80% homeownership numbers looks pretty tempting, So keep Casey as we all may find out soon enough that there is no where to run..............

chris g said...

I vote to keep reporting on Casey. However, I also wish that his wife would dump him as quickly as possible and get a real man. The guy did a lot of stupid stuff that I shrugged my shoulders about, but the way he has treated his wife over the past few weeks is unforgivable.

sc in dc said...

dump casey.