I kinda turned red when I found it.

So the key it to always be looking over your shoulder, do not ignore any red flags, do not become friends with each other, and no matter how much experience you have in the business, keep your eyes wide open!

A great article... thanks Dan.It sure does fill in some of the gaps, since the "mainstream media" is telling us NOTHING.I particularly liked these two paragraphs:"What terrifies me … what wakes me in a cold sweat … is that the single most corrupt, inefficient, incompetent and idiotic institution on face of the planet is now trying to “fix†the problem.And that especially frightens me because, the closer I examine the roots of this crisis, the clearer it becomes that it was engineered almost entirely by the very bumbling buffoons who are now charged with ending it: The U.S. government."

Its more just the lesser of two evils.We need to get back to the roots of what made this country great....but we are so far from them now it's as if the roots are totally decayed and the tree is going to fall.Its really just a cycle of the world.

Why he waited 4 years is beyond me and its a red flag for me.

It is nothing more than irresponsible behavior from an investor who wants a handout, nothing more, and I think it is the root of the problem here in the US.

The root causes of fast cash and greed will likely be the point of origin.

You are going to have to look at Dan's figures.If you are paying them under the table, then no one is getting the tax benefit which was the root of your question.

That seems like a bit of a red flag.

Oddly enough, that was Coutrywide, too, IIRC.To me, the fact you can't get PMI is a huge red flag.