Sign of the Apocalypse #1,123
ACORN (“Association of Community Organizations for Reform Now”) issued the following statement about a lender’s misconduct after foreclosing on a $12 million Malibu beach property:
“This is the ultimate example of dancing on the shattered dreams of the millions of Americans who’ve lost their homes. They should be ashamed of themselves,” said Association of Community Organizations for Reform Now spokesman Scott Levenson.
According to the Los Angeles Times, residents said Cheronda Guyton, a Wells Fargo senior vice president responsible for foreclosed commercial properties, spent weekends in the Malibu Colony house throwing “eye-catching” parties, one of which had guests arriving in a yacht.
— From Clare Baldwin, Banker lived it up in bank-owned Malibu house: report, Reuters, September 11, 2009.
Good thing ACORN is getting $8.5 billion in stimulus money, so it can issue press releases criticizing recipients of $50 million in bailout funds for “dancing on the shattered dreams” of the former owner of this $12 million home!
Isn’t ACORN supposed to represent poor people? Something tells me the guy who abandoned the $12 million dollar home will be just fine. US taxpayers are the ones who are getting hosed.
For more on ACORN, visit biggovernment.com.
