THE FOR SURE WAY TO KNOW THE WMI CASE IS ABOUT TO END/SETTLE
When debt buying companies start buying WMI claims and tons of Court Docs say TRANSFER OF CLAIM, that is when We will KNOW settlement is REAL near. (Companies like Sierra liquidity Fund, LLC and others) These debt buying companies were MAJOR debt buyers in the General Growth Properties bankruptcy Case, check out the number of transfer of claims in that case buy debt buying companies
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Response to Strikehold
Strikehold I have been following this board for about 90 days I decided to start posting info today, I am sure plenty of people follow this post and have yet to post anything.
Now that the case is coming to an end soon I feel I have something to add like so many others, we as a group are a powerful force.
I don't quite understand why you would need any personal info about me, for the record I own bonds, Common and Preferred shares.
I have personally bought unsecured debt in bankruptcy cases and made 50X my money, this is a VERY smart collective of people on this board and this is RARE, usually VERY few people read BK docs, understand what is going one etc.
CNBC is not covering opportunties like this, they have people like Cramer pumping stocks and playing the lotto basically, none of these people saw the crash coming? they tell us to invest BLINDLY into a 401K, and THEY pick the stocks basded on is they are small, medium or large in size?
Apple was SMALL in the 80's and Enron was BIG in the 90's, blockbuster was BIG in the 80-90"s, it's insane and 90% of brokers and "advisors" have the same pitch, this board as a collective is 10X smarter than any broker, the mass media will jump on AFTER the settlement is made.
