View Full Version : Warning Sign From Lehman
mick silver
21st October 2008, 14:54
Worries are mounting that some banks and hedge funds that sold credit default swaps (CDS) on Lehman Brothers’ debt might not have enough cash to make the big payouts they promised http://www.cbsnews.com/stories/2008/10/20/cbsnews_investigates/main4535072.shtml
nuslvrkwen
21st October 2008, 15:09
Wall Street: What part of "The Business Model Is BROKE" is confusing to you? This is the funniest thing of all! Even if you don't trade money the pay out for non money trades will bankrupt you! :p Rolling over on ground laughing!
Kelly
21st October 2008, 16:32
I'll be jumping up and down in glee the day JPMorgan Chase is in Lehman's shoes since they are the ones that have written the bulk of the Credit Default Swap derivitives.
thetackle
21st October 2008, 22:41
good site: Air Jordan Shoes (http://www.sneakersupplier.com)
Are these shoes sufficient for kicking your ass?
Drumblebum
21st October 2008, 22:54
Are these shoes sufficient for kicking your ass?
+100000
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