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By the Side of the Ocean Headed for Sunset

posted by Stephen Lubben

My initial thoughts on American Airlines, here.


I had never realized, until after the win we got in Michigan that, "the NOTES offered to and the public are ALL, 'Bearer Paper'..."

I sold Mortgages for years, was an Underwriter and Coorespondent Lender for ABN Amro (I reviewed closed loans purchased from mom-n-pop mtg. bankers, Ware House Lines as well as others affixed the Allonges to the original Notes before the final Secondary Market Reviews, after which, the loan was deposited, with the Trustee, to be Securitized...)

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