So, did you ever wonder whatever became of the hundreds or thousands of loan officers who helped get us into the sorry state we’re in by encouraging liar’s loans and whatnot so people could live way beyond their means because they saw it on HGTV? I had just assumed they were in Hell, being violated [...]
Entries Tagged as 'subprime'
24.99% APR! No Credit Check!
July 14th, 2009 · 5 Comments · subprime
We all know payday loans should be the last port in a storm for the desperate. And with interest rates at 300% or more in some jurisdictions where such things are allowed to run uncapped, we really hope no one is out there taking out these things for non-emergency reasons. If you work for the [...]
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FREE OOMPA
June 5th, 2009 · 2 Comments · fail, subprime
Fine, maybe a little fraud, I enhanced his color for comedy. But we all know it’s not that much of an exaggeration. One wonders how many bottles of self-bronzer he’s going to have baked into cakes when he’s in prison, for fraud and insider trading. A lesson I think we can all take away from [...]
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Fighting The Man
May 20th, 2009 · 3 Comments · all ur bankz, fail, subprime
If we here at LOLFed were mean, or at least motivated by a sense of righting perceived wrongs, we might be Bruce Marks of the Neighborhood Assistance Corporation of America, or NACA because I’m too lazy to type all that. Whereas we’re content to taunt bank execs from behind the safety of a keyboard and [...]
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Insider Tanning
May 14th, 2009 · 2 Comments · subprime
Our favorite bronzed, subprime Adonis has more legal problems this fine morning. In addition to being sued civilly in four states, the SEC is now ready to roast him over some coals as well: The charges the SEC is considering include alleged violations of insider-trading laws and alleged failure to disclose material information to shareholders, [...]
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