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02-03-2008, 04:36 PM
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#16
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Regular User
Join Date: Oct 2004
Location: Germany
Posts: 476
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Originally Posted by nthfinity
So Lending Tree tanked? I'm not sure where you are getting your information.
you don't suddenly loose 300 Million because a movie sucked, or you have a 10M $ fleet of exotics. ... even in the face of lawsuits and the evaporation of his end of the "sub prime" lending fiasco....
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Um, there have been lots of publications regarding Sadek's fall from grace.
A quick google.com search of his name reveals nothing but bad news. I couldn't find anything that popped out saying he was in business and thriving again?!  Can you provide some info on him being a part of or what ever it is he may have been regarding Lending Tree? Curious to read...
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02-03-2008, 04:56 PM
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#17
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Regular User
Join Date: Jun 2003
Location: Texas
Posts: 15,413
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http://www.ocregister.com/ocregister...ef=patrick.net
...an excerpt...
High roller of home loans
Over five years, Quick Loan Funding wrote $3.8 billion in mortgages to people with shaky credit.
By JOHN GITTELSOHN and RONALD CAMPBELL
THE ORANGE COUNTY REGISTER
Daniel Sadek played Orange County's subprime lending boom like a card shark dealt the ace and jack of spades.
Just five years ago he was selling cars.
Then, in January 2002, he anted up $250 for a state lender license and started selling home loans through his company, Quick Loan Funding.
Over the next five years, Quick Loan wrote $3.8 billion in mortgages, lending money fast – and often on onerous terms – to people with shaky credit.
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FERRARI: Quick Loan Funding's soaring profits enabled Daniel Sadek to buy a fleet of exotic cars. His $1.3 million Enzo Ferrari crashed in March during a publicity event for the movie "Redline," which Sadek wrote, produced and bankrolled. Sadek says he recently sold all the cars to keep Quick Loan afloat.
ANA VENEGAS, THE ORANGE COUNTY REGISTER
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02-03-2008, 05:06 PM
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#18
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Regular User
Join Date: Jan 2004
Location: Detroit
Posts: 9,929
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Originally Posted by harryo2b
Um, there have been lots of publications regarding Sadek's fall from grace.
A quick google.com search of his name reveals nothing but bad news. I couldn't find anything that popped out saying he was in business and thriving again?! Can you provide some info on him being a part of or what ever it is he may have been regarding Lending Tree? Curious to read... |
i had googled sadek and lending tree in the past, and seems he at least was ~~associated with it, although a guy by the name of Anthony H created it.
perhaps I'm mistaken.
but as I said... I haven't read anything that says he sold any/all of his collection...
Crazy to think of giving loans to people with scores of 450! yikes....
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02-03-2008, 05:34 PM
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#19
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Regular User
Join Date: Dec 2007
Posts: 1
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He destroyed a CGT for his film, carma will take whats left.
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02-03-2008, 09:05 PM
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#20
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Regular User
Join Date: Jan 2008
Location: Miami
Posts: 1,069
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That was the mos stupid thing ive ever heard about in my life,as a result the worst movie ever..............
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02-03-2008, 11:15 PM
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#21
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Regular User
Join Date: Dec 2007
Location: Richmond, Va
Posts: 355
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oh the movie was horrible... i'm glad i have blockbuster online...
it made F&F look like a oscar winning movie!~!
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02-03-2008, 11:22 PM
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#22
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Regular User
Join Date: Jun 2003
Location: Texas
Posts: 15,413
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Originally Posted by xbeakerx
oh the movie was horrible... i'm glad i have blockbuster online...
it made F&F look like a oscar winning movie!~!
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I rented F&F one & two 16 times to erase the 4 minutes of Redline I did see from my mind....
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02-03-2008, 11:28 PM
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#23
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Regular User
Join Date: Dec 2007
Location: Richmond, Va
Posts: 355
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Originally Posted by RC45
I rented F&F one & two 16 times to erase the 4 minutes of Redline I did see from my mind....
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no shit! the race in the beginning was so stupid and unbelievable!!
i kept watching it cause of the chick and waiting for something to get better...
__________________
"If I live, I will kill you. If I die, you are forgiven." Such is the Rule of Honor. - Randy Blyth
Fight me or should i say. try and beat me!
http://xbeakerx.mybrute.com
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02-04-2008, 03:45 AM
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#24
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Regular User
Join Date: May 2006
Location: SoCal
Posts: 1,570
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surely the eddie griffin enzo post is a Stan, no?
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