Book Review – Bailout Riches by Bill Bartmann
At Wealth and Wisdom we are always on the lookout for topics that interest our readers. This week we have a book review. The book is called Bailout Riches written by Bill Bartmann. Bailout Riches is a how to guide for making money with the new government bailouts such as the Tarp or RTC. Mr. Bartmann starts out by explaining how he went from deeply in debt to becoming a billionaire by buying bad loans for pennies on the dollar. He would buy the bad debt for say 2 cents on the dollar and work to recover 6 cents on the dollar. In the book he lays out the entire plan from obtaining the bad debt to the collection process. This is not a get rich quick book! The process he explains will take a good deal of time and effort but it made him a billio...
