Aaron Wider, CEO of HTFC, a mortgage broker implicated in the subprime meltdown and embroiled in a lawsuit with GMAC Bank, was fined $29,000 after he said “fuck” 73 times during his deposition. The cowboyism of the subprime boom is only starting to come to light — guys like Wider were part of a movement of savage rapine of the world’s economies and exploitation of the poor and disenfranchised, something that went all the way up to the big trading houses and their regulators.
Q: This is your loan file. What do Mr. and Mrs. Fitzgerald do for a living?
A: I don’t know. Open it up and find it.
Q: Look at your loan file and tell me.
A: Open it up and find it. I’m not your fucking bitch.
Q: Take a look at your loan application.
A: Do it yourself. Do it yourself. You want to do this in front of a judge. Would you prefer to [do] this in front of a judge? Then, shut the fuck up.
Q: Sir, take a look–
A: I’m taking a break. Fuck him. You open up the document. You want me to look at something, you get the document out. Earn your fucking money, asshole. Better get used to it. You’ll retire when I’m done.