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Re: cottonisking post# 107010

Sunday, 06/11/2023 9:24:22 PM

Sunday, June 11, 2023 9:24:22 PM

Post# of 111527
Cottonisking, I Just Read Through Your Post String.

My concussion; if Lehman’s was truly broken and insolvent, then the attorneys would have nothing to bill to.
Attorneys need a pocket to feed from.

Lehman’s like WMI/WMB are both Solvent.
Same for F&F.
The 2008 Credit Crisis was all about the Derivative Market Meltdown as the Insurance policy protecting the ABS losses.
Most of the Derivative Contracts are LIBOR Based.



Owner of Series P,
Ron