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Aaron
A-Bomb


Joined: 24 Jan 2007
Posts: 824
Location: Atlanta, GA

First Street Financial
PostPosted: Fri Mar 09, 2007 7:45 pm Reply with quoteBack to top

from the mailbag:

"First Street Financial, subprime lender in Irvine, CA shut down the operation yesterday. Its hard money operation was sold to Imperial Funding, hard money specialist in CO.

"

Anyone got any leads on this?
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qwopzxnm
Flash in the pan


Joined: 09 Feb 2007
Posts: 95
Location: Irvine, CA

Re: First Street Financial
PostPosted: Fri Mar 09, 2007 10:29 pm Reply with quoteBack to top

They're right down the street from me. I'll have to drive by after work.
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Aaron
A-Bomb


Joined: 24 Jan 2007
Posts: 824
Location: Atlanta, GA

Re: First Street Financial
PostPosted: Fri Mar 09, 2007 11:17 pm Reply with quoteBack to top

Hah, that'd be great... I love real "in the trenches" investigative blogojournalism!
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qwopzxnm
Flash in the pan


Joined: 09 Feb 2007
Posts: 95
Location: Irvine, CA

Re: First Street Financial
PostPosted: Sat Mar 10, 2007 1:27 am Reply with quoteBack to top

There were people there but it didn't seem too busy and I saw someone walking out with a box. Obviously nothing conclusive, sorry I couldn't have been more definitive. Although it would have been effective, I thought walking in and asking people if they still had jobs might have been a little harsh.
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sacrealstats
Flash in the pan


Joined: 26 Jan 2007
Posts: 47
Location: Sacramento, CA

Re: First Street Financial
PostPosted: Sat Mar 10, 2007 4:04 am Reply with quoteBack to top

Quote:
I thought walking in and asking people if they still had jobs might have been a little harsh.


I've come face-to-face with the "harsher" side of this bust though my blogging, and you made a wise decision. Some of these people are having the worst moment of their lives, and you're right there in their face.

Better to leave it alone, sometimes.
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