4 ms·
Umm isn't that sort of the whole point.
by evolve2k 10y ago
Umm isn't that sort of the whole point.
- tlrobinson 10y agoIt's not at all obvious how much they actually paid, and comparing it to Oprah's $8M car giveaway is certainly dramatic but pretty disingenuous. It's unlikely the debtors would have ever ended up repaying anything close to $15M (in fact, presumably closer to $60K)
- nacs 10y agoHe stated exactly how much they paid for that $15m debt in the video and even how they wrote off most of the cost of the taxes they would have had to pay it in the video.
- tlrobinson 10y agoOf course, that's where I got the $60k figure from, but that one sentence could easily have been missed by anyone dazzled by the big number in the headline and comparison to Oprah's giveaway, assuming they even watched the whole 20 minute video in the first place.