If the market had not collapsed they would have been called brilliant. When things go south it is called "Fraud" ![Blink :blink: :blink:](/forum/styles/default/xenforo/smilies/blink.gif)
![Blink :blink: :blink:](/forum/styles/default/xenforo/smilies/blink.gif)
If the market had not collapsed they would have been called brilliant. When things go south it is called "Fraud"![]()
Brilliant? :roll:
Like the way the man who liberates you of your wallet is a "brilliant" opportunist, unless he gets caught, then he's a thief?
If this thread isn't a microcosm of what's been happening with coastal real estate in the past couple years, I don't know what is. I just read the whole thing.![]()
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This is news to me.
Kinda correct. Did anyone get taken on a pre-sale? Or was it just the bank?
Slimy business practices are slimy business practices, and fraud is fraud. period. It doesn't mater if individuals were hurt, or if it was "just" the banks. It doesn't matter if people made money off of it, or lost money on it.
I have zero tolerance or sympathy for the people that perpetuated the "frauds" in this real estate bubble, or for that matter, for the ones that simply looked the other way and allowed it to go on in order to profit from it.
What goes around comes around ... and boy oh boy is it coming around.
This thread is interesting to read from start to finish. Unfolds like a novel....