Worldco payouts.

Worldco is paying out 67% of capital today.

 

Seems they're not such scoundrels after all.

 

Hold on. Are they paying out 67% TODAY (with the remainder to come).....or 67% TODAY (and see ya later to the remainder)?

 

from what I understand it is 67% today, and the remainder is yet to be decided. I believe they have up to one year to settle things out. However rumors have it that things will be totally settled by April and supposedly the remainder will be paid out then.

 

I'm wondering where you heard this and does this apply to every single trader that has $ in there?

 

Many of my friends are former traders there and they received checks today.

 

Yes, it does. The only thing I'm wondering about is how are taxes settled on the remaining money since traders don't know if they'll even get it?

 

what is your beef against worldco?

 

No beef whatsoever. I just wanted someone to clarify the original statement.

 

Is this true? Did former worldco traders get 67% of there money back from there prop. accounts?