Remember that foreclosure mill law firm in NY state that got caught mocking the homeless during Halloween? They subsequently apologized, but that couldn’t keep the firm afloat, and last week it was announced that the company was closing. So whose fault is this? Well, the NY Times’ fault, obviously.
In a letter to Times columnist Joe Nocera, who broke the story that employees at the state’s largest foreclosure firm dressed like homeless people and decorated their office to look like foreclosed houses, the firm’s owner writes, “You have destroyed everything and everyone related to Steven J. Baum PC. It took 40 years to build this firm and three weeks to tear down.”
But as the Buffalo Business First report points out, the shuttering of the Baum firm might have more to do with a recent $2 million settlement over its business practices, or the fact that Freddie Mac and Fannie Mae recently cut off all business ties with the firm.
However, the firm’s owner is convinced that it is Joe Nocero who did his business in, writing, “There is blood on your hands for this one, Joe… I will never, ever forgive you for this.”
Baum Weighs In After Uproar [NY Times]
Baum law firm to close [Buffalo Business First]
Thanks to Tony for the tip!