Lehman Brothers Financial SA (LEHNQ)

[ron_66271]

Full Payment by The CDS Can Return Billion’s to Lehman’s.

In the Washington Mutual stylized as ‘Globic’ case involving DB as the Trustee WM mortgage securities, the trusts losses were determined to be 11.9%.

By example using FDIC numbers;
WMB securitized $1.5 Trillion in RMBS, the securitizer is required to hold 15% of their offerings.

I’ve presented the numbers;
~$27 Billion minimum back to WMI Estate.

Yes, similar numbers for Lehman’s and F&F.

The Derivative Market needs to pay up!



Ron