A Vanity Plate with the words 'FUND'EM'---another excellent blog post by Matt Taibbi.

[trumad]

<snip>
"There was a guy there, a well-dressed guy, standing next to a car that had a vanity plate," he said. "And the plate read, 'FUND'EM.'"

Winston, curious, asked the guy what the plate meant. The man laughed and said, "That's Angelo Mozilo's growth strategy for 2006." Here's how Winston described the rest of the story to PBS – i.e. what happened when he asked the man to elaborate:

"What if the person doesn't have a job?"

"Fund 'em," the – the guy said.

And I said, "What if he has no income?"

"Fund 'em."

"What if he has no assets?" And he said, "Fund 'em."

Later on, Winston would hear that the company's unofficial policy was that if a loan applicant could "fog a mirror," he would be given a loan.

Read more: http://www.rollingstone.com/politics/blogs/taibblog/fallout-from-untouchables-documentary-another-wall-street-whistleblower-gets-reamed-20130304#ixzz2McHB4bFr

[joeybee12]

1. MY first thought was he meant Fuck 'em...

But now I get it.