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stoxjock

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stoxjock

Re: SwissCheeseAccount post# 80930

Tuesday, 10/02/2018 9:31:06 PM

Tuesday, October 02, 2018 9:31:06 PM

Post# of 115934
Because they could be in SPEs (Capital Trusts) and hence are NOT on LBHI's books.. but at the same time LBHI and the other who bought those ABSs are the beneficiaries of the Income streams from those 'Securitizations'...Looks like something very similar to WAMU...
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