Having 50k equity increase on your home would allow you to be able to sell it without going bankrupt or even refinance it to a new 30 yr loan. Either way it would be helpful. Its not like there just giving them cash to go and blow.
To Overstock.com CEO Patrick Byrne:Your press release states:"In these tough times we wanted to do something special to help the families who visit us," said Byrne. "That's why we've created the Overstock.com Family Bailout Plan."What about the investors who bought stock relying on your phony financial statements?They have families, too.Overstock.com President Jonathan Johnson and CFO David Chidester cashed in and sold stock while your company reported phony financial statements.Regards,Sam E. Antar (former Crazy Eddie CFO and a convicted felon)
bhartzerNov 24, 2008
Even if this is a marketing gimick (which is really is anyway), it still will probably help a few folks out.
levilewisNov 24, 2008
Having 50k equity increase on your home would allow you to be able to sell it without going bankrupt or even refinance it to a new 30 yr loan. Either way it would be helpful. Its not like there just giving them cash to go and blow.
sameantarNov 25, 2008
To Overstock.com CEO Patrick Byrne:Your press release states:"In these tough times we wanted to do something special to help the families who visit us," said Byrne. "That's why we've created the Overstock.com Family Bailout Plan."What about the investors who bought stock relying on your phony financial statements?They have families, too.Overstock.com President Jonathan Johnson and CFO David Chidester cashed in and sold stock while your company reported phony financial statements.Regards,Sam E. Antar (former Crazy Eddie CFO and a convicted felon)
doctorcaligariNov 25, 2008
"The Lotto - It's like a stock market for the poor" -- The Onion