Yeah this seems pretty egregious that they took the money with like .. no plan? I guess it makes sense if you assume Horton never really wanted to build the school to begin with.
Yeah this seems pretty egregious that they took the money with like .. no plan? I guess it makes sense if you assume Horton never really wanted to build the school to begin with.
Technically he would be correct because before the 08 crisis, he took out mortgages on worthless properties, refinanced them for cash and then defaulted on the payments. This is what led to his first bankrupcty:
Yeah this seems pretty egregious that they took the money with like .. no plan? I guess it makes sense if you assume Horton never really wanted to build the school to begin with.
Bc in Horton’s miraculous world, it’s free. Because that’s how loans work. Financial misfeasance.
Technically he would be correct because before the 08 crisis, he took out mortgages on worthless properties, refinanced them for cash and then defaulted on the payments. This is what led to his first bankrupcty:
https://docs.google.com/spreadsheets/d/17AONCBkdWQm0ihmxCnhy8zmWbONBg6IRbBmcykDRLd0/edit#gid=0
Perhaps we could try this scheme!! Let's refinance the empty field