Replies to post #111599 on Lehman Brothers Financial SA (LEHNQ)

[JERSEYHAWG]

Slim,

Can we get out of this mess before buying into another?

🤣

Regards.

I thought it was funny.

[ron_66271]

Then The Derivative Market Dies Due to Non-Payment.

The General market purchases derivative contracts as a form for insurance to protect their property/investments.

The Derivative Contract writer’s needs to pay up for the 2008 losses insured by derivative contracts.

If the insurance companies (derivative contracts) don’t fulfill their contract obligations, then there is no market!!!!

Would you buy insurance from a insurance company that doesn’t pay up?



Derivative Market Meltdown like 2008!

Current Derivative contract market place is $362 Trillion!!!

Five times the total GDP of the entire planet!!!


The Derivative Contract writer’s needs to pay up, or the Financial World Ends.



Ron

[GreatFinancialCosplay08]

Thanks for expanding. Slim i.e. - If the highest court in NYS (not sure about any SCOTUS situation I am not a lawyer) decides to let AGFP get away with the same Renwick did - the answer is chaos and all hell breaking loose. The world financial system would be anarchy and I don't know what would happen.