Comments on: Chink in the Armor – Whatcha Gonna Do Mr. White Shoe Boy When the American Lion Comes for You? https://4closurefraud.org/2010/08/21/chink-in-the-armor-whatcha-gonna-do-mr-white-shoe-boy-when-the-american-lion-comes-for-you/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Mon, 08 Dec 2025 13:57:08 +0000 hourly 1 https://wordpress.org/?v=7.0 By: ForeclosureHamlet https://4closurefraud.org/2010/08/21/chink-in-the-armor-whatcha-gonna-do-mr-white-shoe-boy-when-the-american-lion-comes-for-you/#comment-4105 Sun, 22 Aug 2010 07:56:21 +0000 https://4closurefraud.org/?p=9025#comment-4105 If the Street Gang themselves choose to tag themselves monkeys and neanderthals………..I guess we should just acquiesce to their preferences?

Spray paint, anyone?

]]> By: Michael https://4closurefraud.org/2010/08/21/chink-in-the-armor-whatcha-gonna-do-mr-white-shoe-boy-when-the-american-lion-comes-for-you/#comment-4088 Sat, 21 Aug 2010 22:03:35 +0000 https://4closurefraud.org/?p=9025#comment-4088 The “you can afford to pay” argument is funny considering that they know without their government benefactors they couldn’t afford to insist on full payment.

That is, they would have been so starved for cash they would have been forced to take — or their Chapter 7 trustee would have been willing to take — almost anything. That $500K mortgage that’s trading for a penny on the dollar; sure — we’ll take $10K in satisfaction.

Of course, the gilded oligarchs who made bad bets, and those who trusted them with their money, would have ended up in the street rather than their victims and that would have been awful public policy.

They knew this, of course. They also know that banks routinely engage in strategic default; the Mortgage Bankers Association itself defaulted on a $100 million loan for its own building in Washington, D.C.

They’ve just come to feel entitled to win or, if they lose, to have the rules reset so they win. They act like the spoiled

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