This guy down in Naples refinanced *his house* five times over the 2002-2007 period.
It looks like the home is currently *bank owned* and going to sell for a mere 80k or so (down from a peak of approximately 250k).
Note all five of the lenders: Indymac, Oak Street Mortgage (twice), People's Choice Home Loan, and Option One are all now bankrupt.
Just for kicks I did a People Search on Armando. I figured I'd wield my Spanish cuss words and mess with him a bit. I believe the word for thief is ladrón. ¿No?
But alas, Armando has now moved to 2520 Tropicana Blvd, Apt A where he's no doubt delinquent on his rent; is commiting credit card fraud; and probably urinates without lifting the toilet seat!
4 comments:
Did you hear uncle Timmy Giethner state "I've never been a banker"...
Lets do a recap. He worked for the IMF, the NY Fed, and now the head of the Treasury and now insists he was never a banker...and is the point man of the bank bailout.
http://blogs.wsj.com/economics/2009/04/21/geithner-ive-never-been-a-banker/
Another recap, no real world experience, public hack, a tax cheat, a bumbling idiot with our tax dollars, and now an admitted moron when it comes to banking...Another excellent choice by Obama...
Kfell
Kfell,
Why do you read that stuff? It'll only agitate you.
Pols have been incompetent scumbags from the beginning....and will be until the very end.
Fidelity in Barney Frank's Corner
Article published on April 23, 2009
Fidelity has become a key source of fundraising for powerful congressman Barney Frank, the Boston Herald reports.
Donations from about two dozen Fidelity employees accounted for roughly two thirds of all individual donations that the Massachusetts Democrat received in the first quarter.
Frank, as chairman of the House Financial Services Committee, will likely be a crucial figure in drafting new financial regulations.
Fidelity exec Abigail Johnson, daughter of chief Ned Johnson, contributed $2,400 at a Fidelity-hosted fundraiser last month, while president Rodger Lawson also pitched in $2,400. In all, Fidelity execs handed over $28,000 in individual donations.
Fidelity's political action committee donated $2,500 to Frank last month as well, the Herald also reports.
It's unusual for Fidelity to show so much support for Frank or any other lawmaker, says Fidelity Investor editor Jim Lowell in a Herald interview. The donations seem to stem from Ned Johnson's recent promise to get Fidelity more active politically in the face of impending financial regulations, Lowell says.
Kfell,
You need to go on a Big Media 12-step withdrawal program.
I'm cutting you back to 20 minutes of reading garbage per day to start with.
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