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Re: zulual post# 77415

Thursday, 02/22/2018 4:30:58 PM

Thursday, February 22, 2018 4:30:58 PM

Post# of 110987

Hello Zoo

I read your quotation regarding your Broker liquidating your account.
The only time that's is done ..like a few other folks here have express to you already ...is that you have placed your bet(s) using a margin account. once you've place it. The broker can call your bet... once you reach their margin in your case IMO " perhaps" and in most cases is 5 percent. Then they can liquidate your position and will come after you for more if they "the Bank" in most cases say you still owe a balance. But you did not say that. Balance or Deficiency. And they clearly lied when they took your account because Lehman is in liquidation. Most Company stock that is or was:
canceled.. was common or preferred stock. And they were put into escrow provided they had at least a minimum 50000 shares and so have escrow positions.
But that was done at the out set of the BK. Not after. The CT's are not in BK IN MY OPINION. That's why they still trade. They are a type of loan. Bearing different interest rates of return. Due on a quarterly time frame. But are suspended. Because the loan is in default IE failing to make the "interest" payment IMO. And makes the loan due because of it. Superior instrument are the actual NOTE(s) made to Lehman.
So the Broker was obviously lying when you evidenced it that he liquidated because of the BK. Really?? The CT are in a TRUST the certificate is what you are trading with. The only thing that can order that is an order from a court. And that means Lehman Brothers would have Terminated or Revoked the Trust. So have you seen or heard of the order and can you verify it. If not your Broker is in for it....And DEEP.
I am not a Counselor of any type. You should talk to your attorney if believe your right(s) have been violated. IMO

And from what I read your not alone. Gee if they where a Bank. Would they steal 10 Billion to pay out 10 Million in fines. In today's world without honesty and integrity. Cause that's what we're talking about. Yes they would if they can get away with it. IMO





ALL IN OR NOTHING.

CAUTION: DON'T TAKE MY POSITIONS AS ADVICE. I LIKE RISK. IT CAN BE YOUR BEST FRIEND. THE PROBLEM MAY LAY WHEN YOU CAN NO LONGER GAUGE YOUR BEST FRIEND. AND ABANDON YOU.