#barrywish — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #barrywish, aggregated by home.social.
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CW: Long thread/19
#BarryWish was a board member of #Ocwen, a company he co-founded. After the #GreatFinancialCrisis, Ocwen bid unsuccessfully to buy $215b worth of Bank of America mortgages. The winning bidder was #Nationstar. Three weeks before Nationstar's winning bid was announced, Wish bought $600k worth of Nationstar shares. After the bid was announced, he sold them for for a $157k profit.
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