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To: SeekAndFind

I wonder if the creditors could find anyone willing to buy up the notes for, say, 50 cents on the dollar.


5 posted on 07/02/2009 4:54:48 PM PDT by Mr Ramsbotham ("Baldrick, to you the Renaissance was just something that happened to other people, wasn't it?")
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To: Mr Ramsbotham

Selling your receivables (”factoring”) is very common. Don’t know if you can do it with a government warrant, though.


10 posted on 07/02/2009 4:58:05 PM PDT by ProtectOurFreedom
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To: Mr Ramsbotham
-- I wonder if the creditors could find anyone willing to buy up the notes for, say, 50 cents on the dollar. --

The Bank of America is saying it will buy them dollar for dollar.

21 posted on 07/02/2009 5:22:03 PM PDT by Cboldt
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