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Strategies & Market Trends : Turnarund Investing

NOVS 0.0666

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Aug 1 5:00 PM EST

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To: grahamcracker who wrote (539)	4/26/2012 1:26:32 PM
From: turnaround_seeker	Read Replies (1) of 1876

Grahamcracker said about Novastar making fraudulent loans, "Well, yeah. That was everybody's business model for subprime. The operating theory was that you bundle it with good stuff and sell pieces at various risk levels for various rates of return." Everybody Grahamcracker??? I beg to difer grahamcracker. Do you know that everybody knowingly and intentionally made fraudulent loans? Do you have any proof of that with regards to Novastar? I think you may be getting to know and understand me just a little, and I would appreciate learning about what you seem to think is fact. Thanks in advance, Richard Morris Va. beach, Va.

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