And this little tidbit got me thinking... so, I'm supposed to feel guilty about possibly having to file for bankruptcy? I think not.
For Kal Elsayed, a former executive at New Century Financial, a large lender based in Irvine, driving a red convertible Ferrari to work at a company that provided home loans to people with low incomes and weak credit might have appeared ostentatious, he now acknowledges. But, he says, that was nothing compared with the private jets that executives at other companies had.
One red Ferrari would wipe out all my corporate and personal debt. Guilt be gone!