Replies to post #112369 on Lehman Brothers Financial SA (LEHNQ)

[ron_66271]

The Possibility of the Death of the Derivative Market.

If the;
“ISDA Master Agreement of to be walked out on by CDS sellers when they don't want to pay up? This is insanity.”
Then there is no longer a Derivative Market.

Would you buy insurance if the Insurance Company doesn’t pay up your legitimate claims?

$677 Trillion in Notables.
JPM/BofA… doesn’t have the money to cover their exposure now or then!

JPM withheld $17 Billion from Lehman on September 14th, 2008.
JPM is responsible for Lehman’s BK.
Time to brake up TBTF!



Ron