Comments on: NY POST – Bank of America to sell $1B in toxic paper https://4closurefraud.org/2010/12/13/ny-post-bank-of-america-to-sell-1b-in-toxic-paper/ - Fighting Foreclosure Fraud BY SHARING THE KNOWLEDGE Tue, 02 Dec 2025 19:09:17 +0000 hourly 1 https://wordpress.org/?v=7.0.4 By: pparke500 https://4closurefraud.org/2010/12/13/ny-post-bank-of-america-to-sell-1b-in-toxic-paper/#comment-16006 Mon, 13 Dec 2010 21:39:19 +0000 https://4closurefraud.org/?p=15434#comment-16006 I don’t understand why hedge funds would want to buy toxic paper. Can anyone explain this?

]]> By: DanJS https://4closurefraud.org/2010/12/13/ny-post-bank-of-america-to-sell-1b-in-toxic-paper/#comment-15997 Mon, 13 Dec 2010 20:15:07 +0000 https://4closurefraud.org/?p=15434#comment-15997 What do individuals have to do to buy their own notes at a discount; how do they contact the “owners”?

…. And what percentage is a discount likely to be…. would it “include” fees, interest”, expenses associated with foreclosure actions, etc.?

What effect will this massive sell-off have on the “derivatives” purchased by DeutcheBank and other investors?

]]> By: John R. https://4closurefraud.org/2010/12/13/ny-post-bank-of-america-to-sell-1b-in-toxic-paper/#comment-15996 Mon, 13 Dec 2010 19:54:37 +0000 https://4closurefraud.org/?p=15434#comment-15996 If it’s tightly bundled, and priced right, it might be a good alternative to winter firewood this year. I wonder if it can be bought by the cord? Maybe the alternative energy folks out there can figure out something to do with it!

I know… I know… if they’ll just put in rolls it could be used for……

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