How to Play the Big Savings and Loan Lawsuit Message Board

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Non-Tech : How to Play the Big Savings and Loan Lawsuit

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To: Robespierre who wrote (55)	1/27/1997 1:44:00 PM
From: Stephen Lange Ranzini	of 63

I've got a big list I'm researching of mostly obscure securities that trade by appointment only. Also check out a discussion group, I've just set up for bankrupt bank and savings and loan securities not involved with the FIRREA goodwill lawsuits. When I'm done with my research, I'll publish it here. Prospects are bad for an early settlement, since the FDIC has no incentive to settle early. They would rather fight to the end. That way no one can criticize them for giving away taxpayer money, since the courts will set the payment amount. Stephen Lange Ranzini, Co-Manager, Orpheus Capital <ranzini@university-bank.com> Orpheus Capital is a specialized fund management company which invests in the securities of companies with FIRREA-goodwill claims.

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