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Fonzie Scheme.



um. What?

I don't get it.

I don't get it.

A joke for investment bankers?

okay, okay...

i've been hearing a bit about real estate Ponzi schemes lately (sort of related to the subprime mortgage dealios) and how landowners a few years back when the real estate market was huge bought up a bunch of properties and now as the market's taking a piss, the landlords are defaulting and their loans are being bought up by other investors and tenants are being evicted...

Jim Hightower was talking a little about it, too.

Ponzi Scheme...Fonzie Scheme?

Oh well.

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