You gotta give the guy some credit, however, for munching on his own cooking. First, he took on a funky neg-am loan, despite presumably understanding how it worked. (God only knows how many of his clients were put in the same type of loan.) Next, he speculated by buying a huge, presumably unaffordable piece of real estate. (God knows how many of his clients were “helped” by him into loans on their own huge unaffordable speculations.) For a guy that probably unwittingly assisted others in unknowingly hobbling their financial futures, at least he had the decency to follow the same path. So here’s to you, real man of genius.
