Let’s connect the dots.
B-4 Partners, RE Loans, MF ’08, RE Reno, Walter & Mrs. Walter, and now Bruce, Kelly and Barney are all experiencing the “joys” of bankruptcy.
What does this mean for us? Well, it likely means the end is increasingly near. Still, we’re looking at pennies on the dollar, but some of us have A LOT of dollars invested.
The managers totally took us to the cleaners and at this point the FBI (did you send your documents in yet?), the DOJ and everyone in between should be looking for a shot at front page news for busting the biggest (purported) Ponzi scheme since Madoff.
Enjoy the holidays, you G*ddamn thieves.