Viewing 6 posts - 1 through 6 (of 6 total)
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  • #5207
    Norm Walters
    Member

    Scroll down to the excerpt from the book, it will make you sick to your stomach what was going on.

    http://us.macmillan.com/BookCustomP…0805090468

    #69023
    Karl Crooks
    Member

    Norm I have read that before its just unbelievable what they have done, I’m sure we have not heard it all, and there is much worse that they did.

    Just crazy !!!

    #69031
    Norm Walters
    Member

    Karl, how is a 325 million dollar fine suppose to deter anyone if they are making billions on the scam. Without adding jail time, and a substantial amount of it, it’s just the cost of doing business, if you can call it that.

    #69045
    Lenny E
    Member

    Norm, truth is stranger than fiction. Thanks for that! Those guys should be lined up against a wall and shot.

    #69049
    Norm Walters
    Member

    Lenny, Mr. Arnell, the head of Ameriquest died in 2008 from natural causes, now that’s justice. 😎

    #69442
    Andy Graves
    Keymaster

    I grew up with the son of a guy that used to do subprime lending. He brought in 9 million in revenue and would get fined about 6 million. He could care less because he knew he was going to get fined but they never pulled his license.

    Awesome aint it!

Viewing 6 posts - 1 through 6 (of 6 total)
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