1 posted on
12/30/2007 10:08:11 PM PST by
VxH
To: VxH
Second excerpted paragraph should be:
"You also had the Godfathers of subprime."
Daurio said the Godfathers were Arnall, Brian Chisick of Irvine-based First Alliance Mortgage Co., Russell and Rebecca Jedinak of Guardian Savings & Loan in Huntington Beach, and John T. French, founder of Santa Ana-based Plaza Savings & Loan.
2 posted on
12/30/2007 10:14:37 PM PST by
VxH
(One if by Land, Two if by Sea, and Three if by Wire Transfer)
To: VxH
Also, 2 or more of the founders and/or senior executives of New Century Mortgage, which actually started the collapse of the Sub-Prime market, came from Long Beach Savings.
To: VxH
subprime lending was started (allowed) first in D.C. as in Washington, not O.C.
9 posted on
12/31/2007 9:16:39 PM PST by
hripka
(There are a lot of smart people out there in FReeperLand)
To: VxH
12 posted on
01/07/2008 7:20:45 PM PST by
VOA
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