I had a golfing buddy that for years tried to interest me in joining
him and his dad in a mortage backed securities business. I looked into
it and just didn't like what I saw and didn't feel the risk was worth
leaving what I already had. You know, the old saying about the Bird in
the Hand deal. Over several years, we sort of lost touch with each
other. My last contact with them involved some consulting and
installation of a computer network which I had a very hard time getting
payment for. That set off red lights and I ended my contact with them.

I hadn't seen or heard of them for over 12 years. I knew the building
that they once occupied and had their business name on it had changed
names but I just assumed they and move onward and upward. Just before
we moved to Dallas, my wife happened to run into this friends wife and
had lunch with her. Boy oh boy did we get caught up on the past.
Seems that both my former friend and his dad had been caught doing
illegal trades and money laundering. They had both gone to jail and
the guys dad was still in jail doing 15-20 years. My friend had gotten
a 5-10 sentence and had served his time. WHAT A SHOCK (not really).

I do hope that Jordan is not into the same type of shell game they were
playing and that I won't read about him doing something similar in the
future. These deals dependent on an ever increasing influx of money to
keep them afloat. They can't last forever and someone always ends up
the last to put in when there is nothing to pull out.