The lawyer who wrote this was the chief counsel for GNID, a company that destroyed shareholder value with toxic notes they used to pay their salaries, then complained that they didn't realize the toxic notes were so bad, despite the fact that I was warning about the toxic note problem for a year and the company was defending the practice.
No question the toxic lenders are scum, but so are the management of the companies that agree to these ridiculous terms just to keep getting paid.
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