Lehman Brothers Financial SA (LEHNQ)

[wayne49]

I don’t care about the politics. I care about the story. Just like my peoples said with fnf and here, we are not in fnf to save the mortgage market nor are we here to complain about how Paulson an ex Goldman exec did not want to save Lehman or the injustices of the cramdown. The world is full of injustices. I know the trifecta pretty well from the politics to their current state to the predicted outcome. We did not get this far by not understanding or not knowing. We did not make the “monies” on the trifecta by not understanding. My peoples DD the heck out of these 3 plays. I am even confident to say we are probably one of the few groups who know the ins and outs of the financial crisis. We chose not to comment much on the politics as it’s a waste of time because how we feel about it or what we think here will not change the outcome. We will instead concentrate on assessing risk and trading strategies based on our DD and leave the chatter to the forums. We will not fight the power but roll with them. We don’t expect to be or play with the big boys but rather eat their scraps as long as risk/reward permits. We won’t go in blind and won’t hesitate to book gains as we did with fnf recently to exit 2/3 of the trifecta. Scraps all add up to millions with once in a lifetime crisis. Politics is chatter. Making money is key. What good is talking politics while missing out on the trades? I learned that the hard way with the Lambert ruling with fnf and redeemed myself with the past run. Never again. We will chatter at times but, as these plays start to end, its time to make as much “monies” as we can on these once in a lifetime crisis plays. Making “monies” is key. Understanding politics takes a backseat to the story that is being told. I am enlightened by My People’s strategies. I roll with my peoples because they are proven with remarkable results. It’s not bragging but a fact. Ask around here, fnf, wamu. Who is da devil? Who is mustang? Who is johnC? And one day, who is Wayne? Money brother. Don’t lose track and focus too much on politics. 2-25. V