By Rob Chrisman
Posted To: Pipeline Press
Whether you’re upper class, middle class, lower class, or drinking class, do you really think the distribution of wealth is somewhat widespread? Think again. According to the latest , soon the top 1% around the world will own more than the other 99% – and that is probably not the best of situations for political and economic stability… About a month ago I was at a Christmas party and someone who works outside banking and lending asked, “So what ever happened to Lehman Bros , did they ever figure all that stuff out?” I know, 2008 feels like a long time ago….that is, unless you’re a Lehman RMBS bondholder. As some may know, right before the New Year the bankruptcy court approved a protocol (RMBS Claim Protocol) for the RMBS Trustees and the Lehman estate to resolve claims related to R&W…(read more)
Via:: The Challenge of the Regulatory Environment; ALTA’s Opinion of “Know Before You Owe”