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  • Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.

Sarah Palin's New $1.75 Million House Purchase Exposes Another Facet Of The Neverending Housing Scam - Short Sale Fraud

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Wed, 05/25/2011 - 23:09 | 1311692 Tyler Durden
Tyler Durden's picture

Is "read the post" too much to ask?

Wed, 05/25/2011 - 23:16 | 1311730 Tyler Durden
Tyler Durden's picture

Please copy and paste the sections from this post that are unfair to conservatives.

Wed, 05/25/2011 - 23:28 | 1311768 JLee2027
JLee2027's picture

The former governor of Alaska MAY have purchased a home in north Scottsdale, Ariz., according to multiple published reports.

I emphasize MAY. This is a rumor, nothing more. Really Tyler you can do better.

Wed, 05/25/2011 - 23:34 | 1311806 lizzy36
lizzy36's picture

In the same way "DSK" MAY have raped a chamber maid?

Fuskushima reactors 1,2 and 3 MAY have melted down?

Or QE3 MAY be enacted.

Or LEH MAY be bankrupt.

OR a million more May's

Newsflash everything is a "MAY", until it isn't.

Really, Tyler does pretty damn great, but i am sure he will appreciate the tip.

 

Thu, 05/26/2011 - 01:53 | 1312138 LudwigVon
LudwigVon's picture

Fuskushima reactors 1,2 and 3 MAY have melted down? No they have now. And LEH really is insolvent.

Wed, 05/25/2011 - 23:36 | 1311816 redpill
redpill's picture

I'd like to hear the rumors, thanks. ZH has a pretty good track record with them. If you don't want the info keep your blinders on and ignore it.

Thu, 05/26/2011 - 07:16 | 1312410 Tortfeasor
Tortfeasor's picture

This comment isn't targetted to you redpill, just finding some space near the top since I'm late to the game.

This article is below ZH's level.  The author must have no idea what words like "renovated" and "fraud" actually mean.

For example, the property was RENOVATED between purchases, which would usually result in an increase in value.

Also, for there to be fraud in the transaction, the purchaser would have had to do more than just get a good deal.  Fraud does not occur just because the bank hires a shitty appraiser.  Fraud requires an overt attempt to decieve a party.  Fraud is very specific, very easy to claim and very hard to prove.  It's why the courts usually have special rules for anyone claiming fraud: fraud is like yelling fire in a theatre.  You better be sure you're right.

Whole article is beneath this site.  Useless for  any purpose other than an obvious ploy to get pageviews.

Thu, 05/26/2011 - 08:12 | 1312509 Go Galt. Please.
Go Galt. Please.'s picture

Golly. You sure sound maverick-y. Perhaps you have insight into how a renovation could double the value of a high end property. Maybe a whole lotta electronics hidden, err, installed?
Let's not forget that a fraud can be a person as well as an action. OK, sweetie? Y'know, like Barbie hunting for Caribou.

Wed, 05/25/2011 - 23:38 | 1311823 Tyler Durden
Tyler Durden's picture

WSJ: "Former Alaska governor and vice-presidential nominee Sarah Palin has
bought
a roughly 8,000-square-foot home in North Scottsdale, Ariz., for
$1.695 million, according to people familiar with the deal."

Why does any topic involving Sarah Palin always bring out the more, uh, sensitive, crowd?

 

Thu, 05/26/2011 - 00:16 | 1311933 Votewithabullet
Votewithabullet's picture

These pussies are not sensitive they simply want to engage the all powerful oz, TELL THEM TO SUCK YOUR DICK. This shit was confirmed hours ago and who the fuck wants to see or hear anything about al fucking gore mein herr? gore vidal would be cool.

Thu, 05/26/2011 - 00:53 | 1312024 ViewfromUnderth...
ViewfromUndertheBridge's picture

Tyler,

I don't give a fuck about Palin but Whitmore is being defamed in this out-of-character piece. He is a legitimate real estate trader and you should apologise and withdraw these baseless allegations. 

Thu, 05/26/2011 - 01:15 | 1312058 quintago
quintago's picture

To go from $850K to $1.7M in a year in Scottsdale means that something is screwed up, big time.

Thu, 05/26/2011 - 01:43 | 1312111 JuicyTheAnimal
JuicyTheAnimal's picture

That property could have easily soaked up half a million to make it Sarah Palin dancin with the stars fancey.  Elevators ain't cheap I assume.  But then again I never shopped for one. 

Thu, 05/26/2011 - 12:11 | 1313440 NotApplicable
NotApplicable's picture

Could, yes. But likely, given the current market? I doubt it. Only an idiot would sink that kind of money into a property expecting to flip it at a greater profit. To actually pull it off, well, that's just stretching the credibility of the idea a bit too far. Especially when the flipper is supposedly a professional who knows what he is doing. Looks more like a RE/money laundering scheme to me.

But that's just my opinion based on my limited view (and Occam's Razor).

Thu, 05/26/2011 - 10:29 | 1313039 High Plains Drifter
High Plains Drifter's picture

i thought house flipping in scottsdale was so.......over..........

i mean this is ground zero for the housing meltdown , isn't it?

Thu, 05/26/2011 - 01:27 | 1312081 Hephasteus
Hephasteus's picture

It's a fine line between infamed and defamed.

Thu, 05/26/2011 - 02:06 | 1312156 ViewfromUnderth...
Thu, 05/26/2011 - 03:31 | 1312240 Hephasteus
Hephasteus's picture

Infamation systems got the y2k bug.

What does the peoples libelation army have to do with this?

And why are you diplaying an almost maudlin concern for a real estate agent?

Thu, 05/26/2011 - 05:45 | 1312330 ViewfromUnderth...
ViewfromUndertheBridge's picture

I know the guy, I know the facts...I would hate to think the Tylers get their other stories this wrong.

Thu, 05/26/2011 - 10:31 | 1313048 High Plains Drifter
High Plains Drifter's picture

real estate people are like used car salesmen , politicians and preachers.........

Thu, 05/26/2011 - 12:25 | 1313493 NotApplicable
NotApplicable's picture

Well, I've read the article twice now, and I don't see where Tyler makes any claim against Whitmore's actions being illegal. While one can speculate of a quid pro quo for a sweetheart deal, (other than a possibility of JPM loan to Whitmore) it isn't alleged.

As Transformer notes below, if JPM is making 4X the loss with CDes, then they don't have any reason not to move the properties at a "loss."

Funny, some people in this thread go off on the Palin tangent, while you go off on the Whitmore tangent, yet the article is about fraud within JPM's short-selling procedures. Go figure.

Thu, 05/26/2011 - 07:02 | 1312391 max2205
max2205's picture

What pawn would overpay in such a depressed market. Even thin research sites can help a buyer get a better deal than a $900k suckerpunch purchase. Maybe palin gets the 900k backdoor as a political contribution??

There are so many walkaways and shortsellers in AZ that even Palin shouldn't have overpaid

Thu, 05/26/2011 - 10:35 | 1313053 High Plains Drifter
High Plains Drifter's picture

i would think that scottsdale is a buyer's market.  she should have shopped around.

Thu, 05/26/2011 - 01:33 | 1312094 Transformer
Transformer's picture

Tyler,

  Because she's hot.  Don't you have any fantasy's you just might like to have a try with that woman?

Thu, 05/26/2011 - 04:40 | 1312294 writingsonthewall
writingsonthewall's picture

If you think Sarah Palin is hot - then you need to see your optician.

I would point out that the hottest woman in the world is no use to you if she ignites a feeling of wanting to smash her dimbo face in everytime she opens her mouth.

 

Thu, 05/26/2011 - 10:33 | 1313057 High Plains Drifter
High Plains Drifter's picture

she is hot, but she also is a traitor and a rope belongs around that pretty neck.

Thu, 05/26/2011 - 02:35 | 1312191 Michael
Michael's picture

Because they have to keep pushing the fucking left/right Twilight Zone divide and conker control grid paradigm. That's what they are programmed to do for Christ's sake. They know of no other way to live for crying out loud.

Pleas pay no attention to troll activity as it is only an effort in futility.

Thu, 05/26/2011 - 05:17 | 1312314 acabrer
acabrer's picture

Because, either they really enjoyed nalin palin. Or not "sensitive" crowd but more like "special" dont want to use retard may insult even more nalin fans. fuck all you political lap dogs. Tyler keep it up spare no one.

Thu, 05/26/2011 - 07:00 | 1312392 tarsubil
tarsubil's picture

Because of the extreme bias in the media. This allows us conservatives to be outraged and develop victim mentalities. Give mynhair a break. I think the premise of this article is stretching it a little for the purpose of a little sensationalism. You can't pretend like you didn't know someone was going to be sensitive about it. Anywho, don't sweat it. No one's perfect.

Thu, 05/26/2011 - 08:20 | 1312524 I am a Man I am...
I am a Man I am Forty's picture

it's just bristol surfing the web in between baby rearin' and DWTS

Thu, 05/26/2011 - 18:47 | 1314757 Ben Dover
Ben Dover's picture

You know how "touchy feely" the right is.

Thu, 05/26/2011 - 01:50 | 1312123 LowProfile
LowProfile's picture

You wrote:

The former governor of Alaska MAY have purchased a home in north Scottsdale, Ariz., according to multiple published reports.

I emphasize MAY. This is a rumor, nothing more. Really Tyler you can do better.

TD wrote:

...Ironically, Palin, who in this case is completely innocent of any wrongdoing,

I write:  RTFA (Read The Fucking Article)

Thu, 05/26/2011 - 02:25 | 1312181 Sokhmate
Sokhmate's picture

Read The Faq'n Article

Thu, 05/26/2011 - 01:01 | 1312041 strannick
strannick's picture

 

TD, dont even dip your toe into such quagmire. Anytime 'conservative' is in the same paragraph as 'liberal' best to liberally use your scroll function and get out of there asap. Next they'll be getting your opinions on 'the Isreali question'

Thu, 05/26/2011 - 06:55 | 1312379 SamuelMaverick
SamuelMaverick's picture

Easy there Tyler. Investors adding value to a bank owned run down distressed property is not  ' suspicious '.  Piss poor article.

Wed, 05/25/2011 - 23:20 | 1311731 dwdollar
dwdollar's picture

Who called Palin a conservative numb-nuts?  Personally, I'd call her a RHINO Israeli warmonger kiss ass bear f******r.

Wed, 05/25/2011 - 23:30 | 1311775 dwdollar
dwdollar's picture

Also, she's menopausal, which is the last thing we need in a world teetering on the edge.

Wed, 05/25/2011 - 23:37 | 1311817 lizzy36
lizzy36's picture

Yes because the non menopausal, merely mid life crisis males (see Schwarzenegger and John Edwards) who are unable to master the use of a condom, are doing a bang up job (pun intended).

Wed, 05/25/2011 - 23:48 | 1311862 dwdollar
dwdollar's picture

I didn't say they were.  But a menopausal woman in charge?  Just detonate the nukes and get it over with.

Thu, 05/26/2011 - 00:49 | 1312022 DeadFred
DeadFred's picture

And she ran on a ticket with a former POW who exhibits symptoms of PTSD. Double the nukes, double the Fun.

Thu, 05/26/2011 - 01:02 | 1312040 Orly
Orly's picture

Please slow your roll with that kind of talk.  It's asinine.

Thu, 05/26/2011 - 01:26 | 1312078 Votewithabullet
Votewithabullet's picture

fucking slow your roll??? WTF

Thu, 05/26/2011 - 01:30 | 1312091 Orly
Orly's picture

That's like saying, "Oh, don't vote for her because she's having her period.  She might blow up the world or sump'n.  Last thing we need is a woman on her period with the finger on the button, know what I mean, Vern?"

First of all, it's so 1957 and second, I would rather have a woman running the show than the last group of ass-clowns.  Like Herman Caine asked, "How's that workin' out for ya?"

Thu, 05/26/2011 - 01:39 | 1312100 Transformer
Transformer's picture

But she looks great in a swimsuit.  If we're gonna have a woman president, might as well be one that looks good in a swimsuit.

Thu, 05/26/2011 - 01:42 | 1312108 Orly
Orly's picture

It's what we call in 2013 a "PILF."

:D

Thu, 05/26/2011 - 03:35 | 1312245 jeff montanye
jeff montanye's picture

obama looks good in a swim suit and look where that's gotten us.

Thu, 05/26/2011 - 05:55 | 1312336 Bendromeda Strain
Bendromeda Strain's picture

Obama and Palin should debate on a catwalk in mom jeans...

Thu, 05/26/2011 - 10:47 | 1313099 High Plains Drifter
High Plains Drifter's picture

only 6 junks so far grasshopper? 

Thu, 05/26/2011 - 10:42 | 1313082 High Plains Drifter
High Plains Drifter's picture

the terminator should have known that when you are married for 25 years and have a nice family , you keep dickie in pants at all times......

Thu, 05/26/2011 - 19:36 | 1314882 strannick
strannick's picture

 

Nice one Lizy!

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