Casey Serin / Foreclosure Mention in Stern (German)

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In this episode of IAFF, Casey enjoys sweet international media coverage. Only problem is, he can't read it.

Casey is mentioned in the German magazine Stern, but can't read German: "Help me figure out if they are saying good things or bad things about me." Guess which it is?

Trouble is brewing in Sacramento, and Casey teases us with some bad things coming: "Being international is good and all but things have been very crazy at home. I can’t share everything right now. So let this post serve as a temporary distraction."

[edit] Comments

In the comments, haterz offer translation help, including an excellent translation by one Defrocked Archbishop:

Just how easy it is to come by capital is shown by the example of Casey Serin: The 24-year-old bought eight houses in eight months, without putting a cent down in pre-payment. “banks were pleased to be able to lend money”, he said. “Nobody asked for collateral.” The programmer did not intend to own so many houses; his plan was to buy, refurbish, and then sell again with profit…Casey Serin made, as [he] admits, “a set of errors” - one of which was quitting his job quickly - and went on to rapidly make dangerous errors. Although the early deals did not bear fruit, he went on to buy successively more houses, hoping to recoup his losses with new profits. It was similar to the way gamblers get deeper and deeper into the hole in Las Vegas. At one point he had 2.2 million dollars in debts; now, after he has lost all of his houses except for one, he is still down $500,000…

IAFF is playing up; Casey begins the first of many server moves: "I’m finally getting my own dedicated server. Will be finishing up the transfer this weekend and Monday." The dedicated server is reported as "SWEEEEET".

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