Lehman Brothers Financial SA (LEHNQ)

[jimmyt99]

How about a little history lesson, JDub, eh? Just my perspective. I'm sure you remember back in '08 all that nonsense going on and everyone losing money hand over fist. But there is a saying in this game - blood in the water - buy. But what?

The three legacies - FnF, WAMU and Pappy did not get TARP. Politics, as I mentioned before. And I played them all. FnF came through nicely and still living good. WAMU - my God, anyone in those escrows will not know what to do with all that dosh - go see a Edward Jones guy.

Pappy - another story. I wanted to see another vehicle besides common and preferred to slap a few quid down. Found those CTs. And what I liked about them was the guarantee - the full monty plus - in writing - in a case of bankruptcy. I like law.

I enjoy this board and I have all the sites folks go to post here for those who can't get that info. That's nice. Don't research too much as this is winding down as I believe there may be a limit in the time in BK - dunno for sure.

But I know one thing - we get the full monty plus one way or another.

And another thing, folks - we are all vultures to try to make more than we invested. Many didn't have any phucin' clue on how to read a BK play. Youse did right being here.

In the meantime, have a few Sinatras - and grab a nice 25 pound turkey on sale - yummy.

Roll Tide