They appear to be young and all their children are under the age of 12. The wife claims they had a lot of good memories in the house. A b-day party photo is shown (to elicit sympathy?)
The link addresses the fact that they sold $200K short, but does NOT address what they did with the money. The Richards are “philosophical” in the end and state that they don’t blame the “mean banks.”
Why should they? They got $200K of “free money” and the debt “pardoned.”
I feel if he makes $$ off his book explaining how “dumb” they were, he should have had to use it to pay off their “short,” (or in the least, their income taxes stemming from the short).
Alas, our lofty GOV now has it set up where they won’t have to.
This is fundamentally where I have a problem with short sales.[/quote]
Actually what I love about this useless dickless brainless tool is his little swipe at the Occupy Wall Street protesters and sympathizers (heard at the end of the interactive): “We all make mistakes, and we can sit around and whine and complain about the big, bad, mean banks that got us here, or we can sit down and make a plan to get us out of these mistakes and move on to a new life”. Not that I believe in blaming the “big, bad banks” – they were highly complicit in what happened, but not entirely responsible – but this guy has the temerity to claim that he had a plan??! Shit! He didn’t even have a clue. He panicked, dumped his house, and moved his family of six into his parents’ basement. The fact that his house got bought up at the last minute, albeit at far less than he had borrowed on it, was simply another stroke of luck for this guy.
