Aleritas Capital Corporation (fka ARTA)

[temp luvs amy]

Yeah, me too, and "our attorney," so to speak. He is actually the attorney and trustee for all of the Brooke entities. Interestingly enough, the first document I loaded stated clearly that Aleritas was a "non-debtor Brooke-related entity."

http://www.ksb.uscourts.gov/images/ksb_opinions/DLS_10-06241-90.pdf

The court apparently recognizes that Aleritas remained solvent, or they would likely have declared it a "debtor." I hope I am right.

They seem to be clarifying points of law for the bigger cases to come. I re-read the earlier decision, and its not as significant as I thought, but it tends to clarify the business relationship somewhat along the lines of what I said.

Aleritas bundled loans, and sold them. The success or failure of the loans was based on economic realities of the time period, similar to the same considerations as the lenders in the failing real estate market. We should have been bailed out by TARP loans and kept out of this mess. We are taking the long way home.