RealEconTV

Business news without the bullshit

A fix for the real estate market?

Hire arsonists to run the Fire Department

Subscribe to RealEconTV

Your e-mail address is kept absolutely private
We make it easy to unsubscribe at any time

You've got to hand it to them

For sheer gall and arrogance, this is one heck of a proposal.

In essence the offer is:

"We who fraudulently made and profited from scam real estate loans now want the government to take control of those loans from the note holders and re-value them - on hour behalf."

The scary thing is they will probably get away with it.