I'm for the Wall Street Occupiers. But will they accept me when they find out I sell packaged mortgage default instruments to children?
Sentiment: NEGATIVE
Marketers are out there trying to figure out how to get your money out of your child.
I'm always signing blank deeds. That's how an escrow company works.
So, I'm getting less chips, paying the same amount of money. Is that legal for them to do this?
I'm all for consumer rights. I get very aggravated if I don't get a good service.
I've got a huge, huge position in mortgage-backed securities. I started accumulating them in 2009, when the market was really down and things were really scary.
My first rule of consumerism is never to buy anything you can't make your children carry.
Awards do not pay the mortgage.
In the past, I never gave money to my children when they were young in return for nothing. When one of them approached me to give them cash, I asked them to do some work in exchange for it.
We have very specific rules about how we go to market with children, and I think they are very responsible.
Every deal is a regulated deal. Regulators will tell you how to take your money home.