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.
