Replies to post #95697 on Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

Meaning of Maverick;
An unorthodox or independent-minded person.

You know how to look or find things realistically.

Nobody is perfect but indeed you are looking for the fact.

[s404n1tn0cc]

Maverick means the Collective of Companies called... Maverick Inc,(Whatever) Inc, or Limited Liability. They are at issue for a Guarantee that LBIE hand with Maverick concerning deposited funds. Trading accounts funds ... specifcally. If LBIE could not properly maintain the deposits then LBHI will Guarantee that they will fully cover their loss. That makes no sense in a Casino at which they agree that their is risk of loss IE The Markets. But it doesn't say if it was One account or Ten Thousand. I argue it is 10 Thousand. If so then insurance kicks in..IMO The FDIC guarantees private deposits of up to $250,000 per depositor per insured bank. The UK also has a deposit insurer, the Financial Services Compensation Scheme (FSCS). LBIE is a very stange scheme arrangement It operates somewhat differently, and covers up to £85,000 per depositor per institution.Feb 1, 2013
IMO.

[toogoodfella]

ANOTHER IRRELEVANT POST
Referring to the a maverick person,
Now you are being compared to a company.

RE:

Maverick means the Collections of Companies called... Maverick

[Joe Stocks]

Swiss,

The Maverick situation has nothing in common with the CTs.
Those here see the word guarantee and they think surely the Cts guarantee entitles the CTs to a recovery. That is not the situation. Maverick basically had a brokerage custodial account with LBIE and LBHI by guarantee. They was a customer, not a creditor. This is a good link to read about Maverick and LBIE/LBHI.

Just more nonsense from Cotton who has been wrong about LBHI on every turn. Like JPM said in court, Cotton has misconstrued the facts.

https://www.casemine.com/judgement/us/5bc07c5a98a6200cfc3495bf