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  • May 16, 2008 at 12:52 PM #206095
    ocrenter
    Participant

    BMIT was contacted for the article due to its coverage of the Cromers, due to a need to stay anonymous, BMIT chose not to participate.

    is BMIT a celebration of someone’s misfortune? I sure hope not. rather, I hope it serves to demonstrate the overwhelming amount of greed that led to the bubble and then the current collapse.

    May 16, 2008 at 4:22 PM #206150
    Rich Toscano
    Keymaster

    Yes, while flattered to be included in the article I was quite shocked by that characterization of piggington. The articles I write primarily concern the economics of the housing bubble and its aftermath — they have nothing at all to do with either blaming realtors or celebrating peoples’ misfortunes.

    Thanks very much for the supportive comments, nostradamus and others, they are greatly appreciated. Thanks also for being polite to the article’s author, as he seemed very nice and I’m sure this is just a misunderstanding.

    Have a good weekend yall…

    Rich

    May 16, 2008 at 4:22 PM #206201
    Rich Toscano
    Keymaster

    Yes, while flattered to be included in the article I was quite shocked by that characterization of piggington. The articles I write primarily concern the economics of the housing bubble and its aftermath — they have nothing at all to do with either blaming realtors or celebrating peoples’ misfortunes.

    Thanks very much for the supportive comments, nostradamus and others, they are greatly appreciated. Thanks also for being polite to the article’s author, as he seemed very nice and I’m sure this is just a misunderstanding.

    Have a good weekend yall…

    Rich

    May 16, 2008 at 4:22 PM #206230
    Rich Toscano
    Keymaster

    Yes, while flattered to be included in the article I was quite shocked by that characterization of piggington. The articles I write primarily concern the economics of the housing bubble and its aftermath — they have nothing at all to do with either blaming realtors or celebrating peoples’ misfortunes.

    Thanks very much for the supportive comments, nostradamus and others, they are greatly appreciated. Thanks also for being polite to the article’s author, as he seemed very nice and I’m sure this is just a misunderstanding.

    Have a good weekend yall…

    Rich

    May 16, 2008 at 4:22 PM #206254
    Rich Toscano
    Keymaster

    Yes, while flattered to be included in the article I was quite shocked by that characterization of piggington. The articles I write primarily concern the economics of the housing bubble and its aftermath — they have nothing at all to do with either blaming realtors or celebrating peoples’ misfortunes.

    Thanks very much for the supportive comments, nostradamus and others, they are greatly appreciated. Thanks also for being polite to the article’s author, as he seemed very nice and I’m sure this is just a misunderstanding.

    Have a good weekend yall…

    Rich

    May 16, 2008 at 4:22 PM #206282
    Rich Toscano
    Keymaster

    Yes, while flattered to be included in the article I was quite shocked by that characterization of piggington. The articles I write primarily concern the economics of the housing bubble and its aftermath — they have nothing at all to do with either blaming realtors or celebrating peoples’ misfortunes.

    Thanks very much for the supportive comments, nostradamus and others, they are greatly appreciated. Thanks also for being polite to the article’s author, as he seemed very nice and I’m sure this is just a misunderstanding.

    Have a good weekend yall…

    Rich

    May 16, 2008 at 4:46 PM #206183
    jpinpb
    Participant

    Yes, OC – That is more accurate. There is no misfortunate. I enjoy hearing the downfall of the greedy. You point those out more specifically than here. I love the special features.

    May 16, 2008 at 4:46 PM #206233
    jpinpb
    Participant

    Yes, OC – That is more accurate. There is no misfortunate. I enjoy hearing the downfall of the greedy. You point those out more specifically than here. I love the special features.

    May 16, 2008 at 4:46 PM #206262
    jpinpb
    Participant

    Yes, OC – That is more accurate. There is no misfortunate. I enjoy hearing the downfall of the greedy. You point those out more specifically than here. I love the special features.

    May 16, 2008 at 4:46 PM #206289
    jpinpb
    Participant

    Yes, OC – That is more accurate. There is no misfortunate. I enjoy hearing the downfall of the greedy. You point those out more specifically than here. I love the special features.

    May 16, 2008 at 4:46 PM #206318
    jpinpb
    Participant

    Yes, OC – That is more accurate. There is no misfortunate. I enjoy hearing the downfall of the greedy. You point those out more specifically than here. I love the special features.

    May 16, 2008 at 4:46 PM #206207
    davelj
    Participant

    Sorry, guys, but I, for one, won’t take the high road here.

    Sure, I like to see unbiased, objective reporting of the current housing debacle. And Piggington does a first rate job of that. But, frankly, I’m also here to celebrate – put that in capital letters “CELEBRATE” – the comeuppance of ignoramuses who couldn’t control their greed. Many of these folks were CELEBRATING their own genius and purportedly “superior investment skills” not so long ago. Well, I love me some schadenfreude.

    Now, as for those good folks who just slipped up and got caught up in this mess, I do not celebrate their demise. It’s unfortunate and I pity them and wish them well. But, we mustn’t forget that in most investments there are no victims, just willing participants.

    But the majority of the folks currently in distress do not fall into the latter group, they fall into the former group. And they deserve to be mocked and ridiculed. Perhaps they’ll learn something that can be applied the next time around.

    If that makes me a “bad person,” then so be it. I can live quite happily with that.

    May 16, 2008 at 4:46 PM #206257
    davelj
    Participant

    Sorry, guys, but I, for one, won’t take the high road here.

    Sure, I like to see unbiased, objective reporting of the current housing debacle. And Piggington does a first rate job of that. But, frankly, I’m also here to celebrate – put that in capital letters “CELEBRATE” – the comeuppance of ignoramuses who couldn’t control their greed. Many of these folks were CELEBRATING their own genius and purportedly “superior investment skills” not so long ago. Well, I love me some schadenfreude.

    Now, as for those good folks who just slipped up and got caught up in this mess, I do not celebrate their demise. It’s unfortunate and I pity them and wish them well. But, we mustn’t forget that in most investments there are no victims, just willing participants.

    But the majority of the folks currently in distress do not fall into the latter group, they fall into the former group. And they deserve to be mocked and ridiculed. Perhaps they’ll learn something that can be applied the next time around.

    If that makes me a “bad person,” then so be it. I can live quite happily with that.

    May 16, 2008 at 4:46 PM #206288
    davelj
    Participant

    Sorry, guys, but I, for one, won’t take the high road here.

    Sure, I like to see unbiased, objective reporting of the current housing debacle. And Piggington does a first rate job of that. But, frankly, I’m also here to celebrate – put that in capital letters “CELEBRATE” – the comeuppance of ignoramuses who couldn’t control their greed. Many of these folks were CELEBRATING their own genius and purportedly “superior investment skills” not so long ago. Well, I love me some schadenfreude.

    Now, as for those good folks who just slipped up and got caught up in this mess, I do not celebrate their demise. It’s unfortunate and I pity them and wish them well. But, we mustn’t forget that in most investments there are no victims, just willing participants.

    But the majority of the folks currently in distress do not fall into the latter group, they fall into the former group. And they deserve to be mocked and ridiculed. Perhaps they’ll learn something that can be applied the next time around.

    If that makes me a “bad person,” then so be it. I can live quite happily with that.

    May 16, 2008 at 4:46 PM #206315
    davelj
    Participant

    Sorry, guys, but I, for one, won’t take the high road here.

    Sure, I like to see unbiased, objective reporting of the current housing debacle. And Piggington does a first rate job of that. But, frankly, I’m also here to celebrate – put that in capital letters “CELEBRATE” – the comeuppance of ignoramuses who couldn’t control their greed. Many of these folks were CELEBRATING their own genius and purportedly “superior investment skills” not so long ago. Well, I love me some schadenfreude.

    Now, as for those good folks who just slipped up and got caught up in this mess, I do not celebrate their demise. It’s unfortunate and I pity them and wish them well. But, we mustn’t forget that in most investments there are no victims, just willing participants.

    But the majority of the folks currently in distress do not fall into the latter group, they fall into the former group. And they deserve to be mocked and ridiculed. Perhaps they’ll learn something that can be applied the next time around.

    If that makes me a “bad person,” then so be it. I can live quite happily with that.

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