Replies to post #4829 on Aleritas Capital Corporation (fka ARTA)

[temp luvs amy]

Hopefully enough to pay the legal fees.

Sorry, I don't, and couldn't resist the facetious response.

[temp luvs amy]

Just a Wild Assed Guess:

The ruling wieghs heavily on the entire portfolio of loans.

It seems to state that the acquirer of the debt is liable for the risk of their holding. ARTA is only liable for the portion of the debt which it retained. Much like the other hedge operations during the period. ARTA reduced its risk by selling the loans to others.

The ruling affects the entire portfolio of about a billion dollars. ARTA's unsold holdings in the portfolio remains a risk to us. We will share in the loss from any debt retained, which is substantially less risk than "all of it."

Is my grammar acceptable? I hope you understand what I mean.

Short version: It doesn't appear dead. There seems to be a pulse.