Casey Serin South update

More on little David Crisp, waiter-turned-jetsetting-hotshot-turned-fraud-suspect:
As of the third week in September, Crisp, Cole, their companies, family members, employees and associates have defaulted on at least 94 properties. Payments are late on $58.76 million worth of home loans.

Bakersfield is a crappy little armpit of a town in the middle of nowhere. The whole city isn't worth $58 million.

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Quotations from Chairman Varones

There are very few financial problems that can't be solved by a suitable application of asset bubbles.