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jerrylev

03/09/19 10:24 PM

#563250 RE: BBANBOB #562974

Somehow we don't own the trusts, they are all sold to JPM but we get the beneficiary interest while JPM works for us to service. In another word, we don't need to own anything but still get interest from it. It's kind like we don't own a rental house and do no maintenance work but we collect all the rent. If I make a vague statement then I don't have to explain anything.
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FredMiller

06/03/23 12:54 PM

#710436 RE: BBANBOB #562974

Equity interest
At one point proving this was the goal.
We did.
We're up against a new mountain