[quote=bearishgurl]
I guess you could have called me one of those “intermediaries.” In the early eighties, I did this “legwork” for a “respected” C, D paper-lender located in Mission Valley….[/quote]
Really? There was such a thing? Ok, maybe there was, but it was a slimy industry back then. Who knew the big boys were gonna get into it? I worked half a dozen bankruptcies in the late 80’s/early 90’s for hard money lenders, including one that I believe is still the biggest swindle in local history (dwarfs J David). Even though nobody really ended up stealing any serious money, just losing it. Lotta money to be made, on all different sides of the business. But if you don’t know what you’re doing, a whole lot of money to be lost too.
