News Focus
News Focus
Followers 30
Posts 5753
Boards Moderated 0
Alias Born 05/03/2009

Re: boarddork post# 548553

Tuesday, 11/27/2018 7:01:41 PM

Tuesday, November 27, 2018 7:01:41 PM

Post# of 749756
"Every month, money flowed into WMIIC from trustees managing hundreds of securitization trusts that WMI participated in.......and that money promptly flowed out of WMIIC and into WMI as WMI saw fit.........Billions of dollars in annual income.........until: bankruptcy triggered safe harbor = flash frozen like Hans Solo, only be brought back to life in future when the time has come."

"Billions of dollars in annual income........."

board, Any idea how much per year?

Trade Smarter with Thousands

Leverage decades of market experience shared openly.

Join Now