Showing posts with label securitization. Show all posts
Showing posts with label securitization. Show all posts

Wednesday, October 13, 2010

"MR. CHO KNOWS" - HOUSING FRAUD RAMIFICATIONS

More housing discussion.  Mr. Cho is the one who really gets it in this discussion.  It was intentional and outright fraud from the beginning and it was all going good until you had to foreclose on people.




This will be interesting even if it gets papered over in the end.