Replies to post #115563 on Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

IT WENT BANKRUPTED GET IT???FORGET THE 650BILLION. THAT WAS BEFORE BANKRUPTCY. ALSO, WHAT WAS THE LIABILITY AT THAT TIME???
THAT IS ONLY SECOND GRADE MATH.

[s404n1tn0cc]

No one has figured that one out. So I'll spill the beans. Lehman Sold too many CDS. They over subscribed
and were not able to cover for the enevitable. Meaning not enogh cash to cover the bets.
They were the Market Makers, Just as AIG was. Now you KNOW!!! HAHAHAHAAH

The Down side To Being Tooo GREEDY and Tooo Smart.(So called.)