Now I remember that our friend Leatherface (the CEO) said a few days or weeks ago that he knew the bubble would burst. Remember how he unloaded his company stock in 2006 and early 2007? Well, perhaps this lawsuit is not entirely frivolous. He’s admitted he knew the party (the housing orgy, if you will) would end soon, and he cashed out, but the little people in his firm were left holding the bag.
