InvestorsHub Logo
Followers 0
Posts 117
Boards Moderated 0
Alias Born 07/06/2007

Re: THE_BAMFACTSTER!! post# 57095

Wednesday, 08/15/2012 11:45:22 PM

Wednesday, August 15, 2012 11:45:22 PM

Post# of 60937
I knew someone involved in a Madoff style ponzi scheme. Receiver set up a web page, listed assets, when the they were sold and how much they received. Then made payouts when there was a sizable amount of cash.
Assuming a T-Mobile settlement, he will probably hold back as much cash as he can reasonably get away with and distribute the remainder, so that he can show the judge he is working in good faith. Then his billable hours will probably double or triple, as he goes through the selling process.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.