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Reply #13: Well, it certainly could go like that. However this article seems to indicate that [View All]

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Dover Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jan-15-08 11:53 AM
Response to Reply #10
13. Well, it certainly could go like that. However this article seems to indicate that
Edited on Tue Jan-15-08 12:26 PM by Dover
Fortress bought Nationstar (subprime lender) in 2006 (why I'm not sure), which might be after Edwards left Fortress. And it's also possible he wasn't aware of this and other subprime interests of Fortress. But he says he was learning about finance there, so how could he not have learned about this aspect of it?

Of course regardless of the subprime issue, there is still the question of his affiliation with Fortress to begin with, his investments with them as well as his salaried position. Poor choice for someone wanting to run as a 'populist'.

http://www.bloggingstocks.com/2007/09/29/fortress-investment-group-fig-shutters-its-subprime-operations/


Edwards explains his relationship with Fortress as an 'educational opportunity' and way to make money.
http://abcnews.go.com/Politics/WireStory?id=3152277&page=2
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