predatory lending

“I’m about one thing,” Lenny Dykstra told Howard Eskin in minute one of a glorious interview on 610 AM Sports Talk in Philadelphia yesterday afternoon. “And that’s walking the talk.” The talking that Dykstra has been doing over the past several years, ever since he got thrown out of his house and filed for bankruptcy, has centered around two things: 1) taking on what he describes as the “criminals” at JPMorgan, whose “predatory lending” practices caused him to be foreclosed on and 2) his big comeback. Both points were addressed in this chat. With regard to the former, he not only plans to take JPM to court, but he’s made it his mission to protect people like himself from these “crooks.” To that end, LD has started a “mortgage forensic research firm,” known as Predatory Lending Recovery, LLC, which despite not yet having any clients and only one testimonial, Len claims is a billion dollar business. And as for making a comeback? Fuck that shit, Lenny says. He’s already back. Here are some other things the self-described “lightning rod for money” had to say:

* “It took me 2 years to get through this death chamber that they call bankruptcy”

* Howard: “How did you lose all your money?” Lenny: “It’s called predatory lending. Look, I don’t want to get into this New World Order stuff. I’m a regular guy. I don’t believe in ghosts, I’m not afraid of the dark. Never in my life did I think there was a thing called corporate crime. But JPMorgan? They’re criminals. Fireman’s Fund? They’re criminals. I didn’t get stupid overnight. I don’t read much because it’s so bad for my eyes. But I see some of this stuff and it’s insanity.” Howard: “That’s a pretty big accusation against JPMorgan.” Lenny: “It’s more than accusation- it’s the facts!”

* “I’m a lightning rod for money; after we’re done talking today when you’re walking to your car you’ll probably find 100 bucks.” Continue reading »

  • 17 Mar 2010 at 5:15 PM

Lenny Dykstra Sues JPMorgan

Show us on the doll where Jamie Dimon touched you.

Those of you who’ve been keeping up with Nails’ Travails are well aware of the fact that his current financial situation? Is not fault of his own. There is someone to blame however, and that someone, LD has said many times, is JPMorgan. It is JPMorgan née Washington Mutual who caused Lenny to lose millions due to “predatory lending” and it is JPMorgan who should be losing sleep at night over the fact that Nails lives in the back of a Chevelle and can no longer afford to fly private. And if you thought he was kidding, think again. Continue reading »