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Re: PleaseMoney post# 4798

Tuesday, 01/04/2011 3:18:33 PM

Tuesday, January 04, 2011 3:18:33 PM

Post# of 4858
My propostion is usually tied to reported equity. It is hard for me to believe that $93 million in equity just vanished. Of course, short sales and defaults could wreak havoc on a weak porfolio of loans.

My current opinion is based on the court documents and the implication that there was money left after Mellon got theirs, and the implication that ambulance chasers generally don't sue people with empty pockets.



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