Expect the unusual tommorrow. To begin with while it is an indictment it is not a conviction. There is a difference period. Look at the facts as represented you have a 76 year old talking like a canary to save his own skin. He is implicating the 56 year old son-in-law who was the primary target. At the time all this come down M.L. was barely wet behind the ears. That made him 23 years old or possibly fresh out of college. In all reality I believe they want the 56 year old son-in-law of the bankrupt father-in-law. You have other players involved such as the person inflating home appraisals who played a much larger part as an oath of honesty plays an integral part. Without those over-valued appraisals you do not even have a chance for any loan. I still believe M.L. was so far down the flag pole at this juncture in his life that he had no participation whatsoever but that is only my opinion. When the canary talks to the Feds I see him implicating the son-in-law only as the mastermind with appraisers next and possibly loan officers. Furthermore, when it is all done and said I believe M.L. is guilty by association. AIMHO
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