That sure is a lotta big words to say ...
... "People loaned money to other people who couldn't afford to pay it back. We bought the bad paper off of them for a discount. We couldn't find anyone else to sell it to. We're the biggest fool. We suck."
Kip Hawley is still an idiot.
Purveyor of Doc Hope's [link|http://DocHope.com|fresh-baked dog biscuits and pet treats].