Wednesday, April 9, 2008

More Negative Feedback

Really - I think the Copes should have just turned down the CNN Money story. I don't wish anybody ill will, but that won't stop me from compiling choice comments and posts from other blogs. Again, the validity of the unemployment claims and the "woe is us" mentality has certainly touched a raw nerve in the blogosphere.

Check out the latest smackdown, courtesy of Bubble Markets Inventory Tracking. The author has upped the ante by posting photos of the couple's home and the jewelry that they are trying to sell. One commenter noted that one piece of jewelry sold for a whopping $0.99 on eBay -haven't they heard of "reserve prices?" Here are some quotes:

  • So let me get this straight. These highly skilled people are reduced to selling trinkets. I get the impression that just about any unskilled person could make a 6 digit income in the sub-prime loan business.
  • So we're supposed to shed a tear for these clowns?
  • My old Aunt in North Carolina always called these people, "pigs in finery". . .basically people who live the big life with no real money - just working class people with delusions of being grand!. . .can't people just live withing their means??
  • She had about a dozen items up last week, all with buy-it-now (not auctions), and none sold.
  • Good grief, who would wear that crap! That looks like the kind of crap tourists buy from the beach vendors on vacation and give as gifts to friends and family when they get home. It all goes in the trash as soon as they leave. BTW, her eBay feedback rating is a 1. She played it off to CNN as if she had a successful eBay business. A 1 is far from successful. Friggin' tools!
  • Looks like I'm not the only one who's really astounded by the stupidity of people in this industry.
  • I hope they had a lot of New Century Financial stock. If they didn't, then they didn't truly believe in what they were doing, and they deserve to suffer.
  • Both of them worked for New Century. One of the biggest subprime boiler rooms that existed before the ponzi scheme collapsed. Subprime was all they did. They gave loans to anyone, no documenation, no proof of collateral was required. No proof of identification or citizenship was required!!!
  • The picture of the jewelry is kind of funny. Did you notice how it is staged underwater? It is a situation they are very familiar with.
  • Duane Kent Cope. Duane can't cope? Not anymore he Kent!
  • These people are toast, with little to no true skills of value to EVER have the same lifestyle they had before. Check out Mysti's Linkedin profile. No degree. Was an assistant store manager prior to her VP role. I wonder how she got her job. Best she will ever earn is probably $30K per year at the local retail chain store. Welcome back to the REAL world folks.

7 comments:

Baron Womb said...

Too funny!!

I wonder if CNN will do a follow up story in 6 months on the Copes? Does anyone still think they will have their house in 6 months?? From what I've heard about California real estate prices dropping they should try to get out while they are ahead

Anna Nonymous said...

I had an opportunity to visit some old friends in southern California this past week. Coincidentally, they live in the same city as our CNN Money article subjects, and I'm guessing their home is in the very same (if not, it's extremely similar) upper middle-class/affluent neighborhood.

Needless to say, there are plenty of foreclosed properties that are already on the market. There was a beautiful corner lot home a block away that had been sitting empty for months.

I wouldn't want to be selling a home in San Clemente right now.

my first blog said...

"The picture of the jewelry is kind of funny. Did you notice how it is staged underwater? It is a situation they are very familiar with."

Classic.

Anonymous said...

Anna, I hope you dont mind but I'm gonna post a link to a new message board for First NLC ex-employees. It's a good place for ex-employees to regroup and let everyone know how they're doing.

http://exnlc.activeboard.com/

If you would, can you add it to your links and maybe post it as news?

Thanks.

Shawn.

Been there said...

I tried to go to the website and it doesn't come up....is it the "Active Board" site? Once there then what?

Anonymous said...

Just paste this in to your browser exactly as shown below.

http://exnlc.activeboard.com/

Then you should be at the page.

Anonymous said...

Once you're there you need to register to post, just like here.