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Blog Archive

Sunday, July 6

Peter the Cheater Having Fun, while Real estate goes down

Peter Cook, aka, Peter the Cheater is having fun, while the real estate market continues to crash in the Hamptons. Luckily, we have the distraction of watching him seduce borderline jail-bait (18 year old) girls. I have trouble having sympathy for former model Christine Brinkley, I guess it must be tough to have it so public. But, didn't she ask for the trial to be public? Crazy.

Anyway, the Sag Harbor and Hamptons real estate, in the Peter and Christine playground is crashing. Lots of million dollar and multi-million dollar houses were bought using exotic, Adjustable Rate mortgages (Arms). Now the buyers are losing their houses, and their ARMs.

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