SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Lucent Technologies (LU)
LU 2.670-0.2%Jan 26 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chuzzlewit who wrote (11898)12/23/1999 2:25:00 AM
From: stilts  Read Replies (1) of 21876
 
Chuz, you are reading so much "conspiracy" into Lu's statement that you suspect that the bank managed entities may actually be Lu entities. While skepticism is healthy, you're going to a level of paranoia I can't fathom.

And of course the SPV itself is related to, but non-consolidated with, Lu; there's nothing sinister about that; that's how all securitizations are set up (i.e., by establishing bankruptcy-proof entities which do not create any recourse or liability for the asset seller (Lu, in this case.)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext