Replies to post #112416 on Lehman Brothers Financial SA (LEHNQ)

[ron_66271]

Derivatives by Definition are Naked.

No backing assets to cover the insurance contract written.
It’s a Legally Binding Contract!

JPM needs to settle all outstanding litigation issues and pay up.

Currently;
$677 Trillion in Derivative Notables and ‘no one knows it.’

$83 Trillion back in 2008.



Ron