bigcityloans

Washington Mutual Busted: Too Early to Bottom Fish the Sector

If my memory is correct ... I believe that Janet Reno put a very large developer in Florida ... General Development Corp. ... out of business in the late 1980s for putting pressure on appraisers to inflate appraisals ... as well as prosecuting the company executives ... some were convicted and served jail time ... perhaps Cuomo should read the Florida court's decision.