Bill Bartmann Speaks about Government Bailout and Opportunity for Investors

Tulsa, OK (PressExposure) April 07, 2009 -- Bill Bartmann is going back into debt, investing in it rather than collecting it. The billionaire and co-founder of Commercial Financial Services, Inc, a debt collection company that employed over 3,900 people in the 1990’s, has a desire to help people buy failing real estate securities from the government. Bill Bartmann is organizing a private equity fund to help investors purchase “toxic assets,” which he predicts will attract more than $1 billion in investments. Industry professionals define toxic assets as those that include commercial or residential real estate loans that are not performing. The loans include collateralized mortgage obligations or debt securities which are made up of subprime loans. Bill Bartmann said the fund will take advantage of the Obama administration’s plan to auction off pools of toxic residential mortgages through the Federal deposit Insurance Corp. The auctions are set up to help restore the nation’s economy by encouraging investment, helping the bank’s balance sheets and urging them to lend more freely. The FDIC will back 5/6 of the purchase price of these toxic assets and half of the remaining 1/6 of the price will be paid by the Treasury Department with the other half being funded by investors, including Bartmann’s fund. On March 23rd, the administration announced their intention to take over up to $1 trillion in sour mortgage securities, with the help of private investors. Bill Bartmann says the offer will be very attractive to investors with the FDIC’s backing. “The government is taking the brunt of the risk, so the investor doesn’t stand to lose a lot,” said Bartmann. “Some risk remains based largely on how the assets perform.” Bill Bartmann will be providing initial money while he seeks contributions from sources including investment funds and hedge funds. Bartmann doesn’t anticipate any problems in finding investors in spite of the failure of his company, CFS, which resulted in accusations of accounting fraud. Bill Bartmann was found not guilty by a federal jury who unanimously acquitted him as a bankruptcy judge apologized to him. No fraud was discovered at CFS, as intelligent investors will understand. Bill Bartmann conducts seminars on how to grow and succeed in business. He also looks forward to the release of his new book, “Bailout Riches,” expected to be available in May. The book is about how everyday investors can make a fortune buying bad loans for pennies on the dollar. Bill Bartmann says there is no connection between the book and the fund. The fund will accept only sophisticated investors and the book is aimed at those who do not qualify, but would like to invest elsewhere. Learn more about Bill Bartmann; read his blog at []

Contact: Bill Bartmann 8556-C E 101st Street Tulsa, OK 74133 918-388-3328

This press release was submitted by Right Now Marketing Group, LLC

About Bill Bertmann Enterprises

Bill Bartmann is a self-made billionaire who went from homeless at the age of 14 to becoming a billionaire, going bankrupt, then bouncing back to do it again! Bill has had his self-doubts and even bouts of depression; he wouldn’t be human otherwise. However, when self-esteem is strong and you’re clear about your values, then you can bounce back from the lows; each time, you bounce back just a little bit higher.

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Press Release Submitted On: April 05, 2009 at 11:28 pm
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