Saturday, September 09, 2017 4:54:58 PM
sitting somewhere in plain sight :''
You Make ALL Good Points,Especially the one above... I think we'll suddenly come to know that LBHI has participation interests of 15 - 25% in many of these RMBS/CMBS "Trusts" which are NOT in BK...Same thing like we are finding with WAMU .. FNMA .. that was a whole case of ILLEGAL Govt. Seizure of Profits form Shareholders -- NWS and ALL and soon will be put an end to by the Courts...
Anyways with LBHI, we could find upward of $$150 - 200BB of these "Illiquid" Assets... some of these coming from Mortgaes bundled for the likes of WAMU, Country wide and even FNMA. Freddie, Wachovia/Wells Fargo etc. We shouls realize LBHI was a big player with *MBS - Much bigger than Goldman, MS etc and hence they were always jealous of LBHI.
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