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Re: serafino1 post# 717391

Friday, 10/13/2023 9:36:52 AM

Friday, October 13, 2023 9:36:52 AM

Post# of 729851
Serafino1, a former Executive of a large company and do not remember the name said a couple of years ago what we are waiting on is called MAGIC MONEY!

He advised this type of distribution will just appear one day as if it came out of thin air hence the nickname of MAGIC MONEY.

I expect within six months Libor will be settled and Tranche Five in the former WaMu bk where the 15B sits waiting to be paid by JPM then at the same time or thereabouts Tranche Six will be advised of forthcoming distributions of MAGIC MONEY


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