[J.Celifarco]

Not calling you a liar, at all, but I've never seen these 36 month offers....Out of curiosity, what were the buyrates/factors?

Dont know exactly or remember and being they arent funding and even if they do come back (which I doubt) they wont be doing 36 month deals anymore it really doesn't matter..
Either way the short version of the story is CAN is in deep trouble and needs a miracle to find their way out of this..

Reputation ruined because of fraudulent reporting on deal performance- makes coming back from this twice as difficult because nobody will want to give them money

Any value their years of data had is ruined for the same reason

and they are being sued by Wells as well as any other investors they had probably so they may be bankrupt from law suits before they ever have a chance to rebuild

These are mostly assumptions on my part but based on the information we have from the articles that have been written I think I am pretty close to what s going on and what will happen

[GSilverman]

Agree 100%