This article lacks any substance whatsoever. This post is the equivalent of a long, drawn out reddit rant without any factual or statistical backing. To make matters worse, his claim to fame is that he served 22 months in prison after a "pump and dump" scheme on wall street and then wrote a book about it titled "The Wolf on Wall Street". While there might be some insight withing his post, is this really the direction we want to take HN? Common now I expect a little better of this community than this drivel.
What does this guy know about loan modifications? If I'm not mistaken he's one of the "bad guys" from the "Boiler Room."
Flaaaaaaag
How did this receive 6 votes? This guy is clearly spamming to promote efactor.com.