Battlepanda: Ameriquest is scum


Always trying to figure things out with the minimum of bullshit and the maximum of belligerence.

Monday, May 14, 2007

Ameriquest is scum

Morning Edition, May 14, 2007 ยท Some former employees of the nation's leading subprime lender say the company encouraged them to conceal rate terms and make fake fixed-loan documents that pushed customers into loans they couldn't afford.

Did those former employees who are now coming forwards to rat on Ameriquest suddenly grow a conscience or did the thrill of raking in money make them oblivious of the kind of inethical and frankly illegal hijinks they were told to do? My favorite is the employee who didn't realize they were doing something that might be screwing customers over big time until the office got death threats.

Hint: If any company makes you watch 'the boiler room' on orientation day, run in the opposite direction.