Chris is still employeed and working away. Things are slow and there is still some concern. Yes, WMC is owned By GE. GE bought WMC about a year ago at the top of the market. The old owner and CEO left the company right after the purchase.
There is a lot going on here and no one is for sure, even employees, about what is going to happen. All Chirs sees is no money coming in and a lot of foreclosures and loan buy backs.
