KPMG vs NEW CENTURY Subprime “CFO blew the whistle”

[HLS]

JWM,,,

I have finally figured out what is important here..

The “Best Chinese Buffet” thread that will not end currently has 1128 hits heading to 3 pages.

This KPMG thread has 128 hits,, 11% of the above.
and 2 posts from the astute on this site.
*******************************
I try to help several with honest help about their loans and what they actually qualify for, and the thread dies.

If I lied to them and jerked their chain and told them that they qualified for what they really don’t, we’d still be talking about it.

It’s also how you end up with what I affectionately call “morons with mortgages” who don’t want to listen to the truth and what’s best for them.

Tell people what they want to hear, not the truth.
I guess that’s what KPMG did.

[Bane]

It’s not just KPMG, the feds are just as guilty. I have a friend that was the COO of one of the big Sub Prime lenders, he actually reported his own company to both the FBI and the SEC. They both ignored him. As long as wall street, consumers, and everyone that had profit to be made was happy, the whole situation was ignored.

Everyone is guilty in this mess.

[Bane]

It’s not just KPMG, the feds are just as guilty. I have a friend that was the COO of one of the big Sub Prime lenders, he actually reported his own company to both the FBI and the SEC. They both ignored him. As long as wall street, consumers, and everyone that had profit to be made was happy, the whole situation was ignored.

Everyone is guilty in this mess.

[Bane]

It’s not just KPMG, the feds are just as guilty. I have a friend that was the COO of one of the big Sub Prime lenders, he actually reported his own company to both the FBI and the SEC. They both ignored him. As long as wall street, consumers, and everyone that had profit to be made was happy, the whole situation was ignored.

Everyone is guilty in this mess.

[Bane]

It’s not just KPMG, the feds are just as guilty. I have a friend that was the COO of one of the big Sub Prime lenders, he actually reported his own company to both the FBI and the SEC. They both ignored him. As long as wall street, consumers, and everyone that had profit to be made was happy, the whole situation was ignored.

Everyone is guilty in this mess.

[Bane]

It’s not just KPMG, the feds are just as guilty. I have a friend that was the COO of one of the big Sub Prime lenders, he actually reported his own company to both the FBI and the SEC. They both ignored him. As long as wall street, consumers, and everyone that had profit to be made was happy, the whole situation was ignored.

Everyone is guilty in this mess.

[atr]

I read almost EVERYTHING on this site, and it is an education, but I don’t necessarily have anything worth adding, particularly when my knowledge and/or experience is more limited. Perhaps other folks are in the same boat? Economics was not an area I studied a whole lot in college, but as part of the process of furthering my own education, I read this site and study other sources as well, because as much as I enjoy piggington.com, it isn’t the bottom line!

[atr]

I read almost EVERYTHING on this site, and it is an education, but I don’t necessarily have anything worth adding, particularly when my knowledge and/or experience is more limited. Perhaps other folks are in the same boat? Economics was not an area I studied a whole lot in college, but as part of the process of furthering my own education, I read this site and study other sources as well, because as much as I enjoy piggington.com, it isn’t the bottom line!

[atr]

I read almost EVERYTHING on this site, and it is an education, but I don’t necessarily have anything worth adding, particularly when my knowledge and/or experience is more limited. Perhaps other folks are in the same boat? Economics was not an area I studied a whole lot in college, but as part of the process of furthering my own education, I read this site and study other sources as well, because as much as I enjoy piggington.com, it isn’t the bottom line!

[atr]

I read almost EVERYTHING on this site, and it is an education, but I don’t necessarily have anything worth adding, particularly when my knowledge and/or experience is more limited. Perhaps other folks are in the same boat? Economics was not an area I studied a whole lot in college, but as part of the process of furthering my own education, I read this site and study other sources as well, because as much as I enjoy piggington.com, it isn’t the bottom line!

[atr]

I read almost EVERYTHING on this site, and it is an education, but I don’t necessarily have anything worth adding, particularly when my knowledge and/or experience is more limited. Perhaps other folks are in the same boat? Economics was not an area I studied a whole lot in college, but as part of the process of furthering my own education, I read this site and study other sources as well, because as much as I enjoy piggington.com, it isn’t the bottom line!

[Navydoc]

I read most posts too (although I must admit, I don’t have the strength to get through the gay marriage thread), but like atr, my financial knowledge isn’t nearly developed enough to comment on this.

It’s funny, few have more years of education and training as I have (4yrs college, 4 yrs med school, 4 yrs residency, 3 yrs fellowship), and you know what? I have yet to take a basic economics course. I went to respected universities, BS from Penn State, MD from Pitt, and this was not required. They made me take speech and writing classes, but no econ. Most doctors get their econ education from the school of hard knocks, and I am certainly no exception, but I think this situation is far from ideal.

[Navydoc]

I read most posts too (although I must admit, I don’t have the strength to get through the gay marriage thread), but like atr, my financial knowledge isn’t nearly developed enough to comment on this.

It’s funny, few have more years of education and training as I have (4yrs college, 4 yrs med school, 4 yrs residency, 3 yrs fellowship), and you know what? I have yet to take a basic economics course. I went to respected universities, BS from Penn State, MD from Pitt, and this was not required. They made me take speech and writing classes, but no econ. Most doctors get their econ education from the school of hard knocks, and I am certainly no exception, but I think this situation is far from ideal.

[Navydoc]

I read most posts too (although I must admit, I don’t have the strength to get through the gay marriage thread), but like atr, my financial knowledge isn’t nearly developed enough to comment on this.

It’s funny, few have more years of education and training as I have (4yrs college, 4 yrs med school, 4 yrs residency, 3 yrs fellowship), and you know what? I have yet to take a basic economics course. I went to respected universities, BS from Penn State, MD from Pitt, and this was not required. They made me take speech and writing classes, but no econ. Most doctors get their econ education from the school of hard knocks, and I am certainly no exception, but I think this situation is far from ideal.

[Navydoc]

I read most posts too (although I must admit, I don’t have the strength to get through the gay marriage thread), but like atr, my financial knowledge isn’t nearly developed enough to comment on this.

It’s funny, few have more years of education and training as I have (4yrs college, 4 yrs med school, 4 yrs residency, 3 yrs fellowship), and you know what? I have yet to take a basic economics course. I went to respected universities, BS from Penn State, MD from Pitt, and this was not required. They made me take speech and writing classes, but no econ. Most doctors get their econ education from the school of hard knocks, and I am certainly no exception, but I think this situation is far from ideal.

[Author]

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