"He admits he charges borrowers as much as he can get away with — 45 percent interest in one case — and makes it clear to them that if they fail to comply with the loan agreements, he will take their property.
"I am a wolf," he explained."
Reading the Seattle Times article, it appears that desperate people are signing quit claim deeds over to this guy that wears a nice suit, bulletproof vest and a gun.
In once case, did I read that right? A promissory note for $170,000 for a $17,000 loan? The extra zero was for any future legal expenses. Well I guess. If I was told that payback on 17k was going to be ten times that amount, I would be suing too.
And you thought guys that robbed banks were the bad guys.
It may be the guys preying on sheep that pose as banks.
He gives wolves a bad name.
"...a pervasive pattern of disregard for, and violation of, the rights of others that begins in childhood or early adolescence and continues into adulthood."
This is Tony Soprano and Randle Patrick McMurphy (Jack Nicholson) from that Cuckoo's Nest movie. I'd be surprised if Bernie Madoff and a certain real estate magnate doesn't also have this.
They don't care about anyone's life, including their own, so I suppose trained assassins can also be in this category.
Last edited by Thatguy; 11-14-2010 at 01:52 PM.