Bernie Madoff's caddy

At least he isn't a Housing Cause Denialist, but when caddies exploit regulators...

Mr. Madoff recalled one of the first moments he sensed that economic conditions in 2008 could be fragile. He was at the Palm Beach Country Club in Florida, he said, and he had "a young black kid" for a caddy, and the caddy was buying and selling homes.

"He said he didn't need credit. He would buy homes and flip them for a profit," Mr. Madoff recalled. "I told my wife, 'This is the end.' "

Which wouldn't have been possible but for the bright ideas of Affordable Housing activists like ACORN.One of whom is now President of the United States.