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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: KLP who wrote (6413)12/9/2005 10:54:18 AM
From: TigerPaw  Read Replies (1) | Respond to of 542946
 
Much of the stuff for sale at the Pawn Shops I was associated with didn't even come from loan defaults. The owner sent a regular crew out to garage sales, early in the morning. They knew what kind of junk people looked for and they would buy it for ten cents to 5 dollars and put it up for sale. They had to keep a critical mass of merchandise or nobody would come in to look, and then they couldn't sell the stuff that really was collateral.

TP