Arkansas Blog

If they get'em convicted by mid January it will just add to Bush's pardons list.

>>Attorney Ed O'Suji represents Williams.

"She's not guilty. She's been in real estate for the last five to six years. This is something she makes a living off of like any other real estate agent or broker," O'Suji said.<<

Did we expect anything less? I'm not guilty. Didn't do it.

About ten days ago McBush was saying the main problem was due to unqualified buyers buying more home than they could afford.

this story/investigation/busts etc. smells to me like an attempt by the Bush DOJ to offset the coming revisiting of the US Attorney scandal fallout

that said, i'm still glad to see it.

BOOM GOES THE DYNAMITE.

There are going to be a lot of folks who go to jail.

If anybody wants a really good insight into how everything went so wrong in the mortgage crisis check out

This American Life's episode "THE GIANT POOL OF MONEY"

Link in my name

" . . . recruiting people with good credit to act as buyers in fraudulent mortgage deals . . ."
Someone explain to me how this scam was supposed to work. I got good credit. I act like I'm gonna buy a condo and get big bucks for the mortgage. But mortgage and/or real estate folks keep big bucks and I get bad credit, to say nothing of maybe jail time? Now someone explain to me why I'd agree to this set up in the first place.

It's about time someone other than the homeowners paid for their financial 'sins.'

It'd be nice if the top crooks would get punished every now and then (instead of working in government).

I'm not that smart about the ins/outs of the financial world; but I've lived long enough to see the same thievery occur about every 20 years or so. New front people...same old scam. Heck, look at how bad McCain got hurt by his thievery during the Savings/Loan crap. He's really suffering.