1worldcurrency

Lehman Brothers Take-over: Implications for Financials

"but since these assets will be held to maturity, ACAS will get their money back."

Wow. Unless they don't.

Still, the Crooks Be Winnin'

Now I see why management of an insolvent financial company or REIT pays a huge dividend. They own increasingly worthless stock and why not punish the shorts. Cash out what you can before Hurricane Ponzi.

Still, the Crooks Be Winnin'

Yes Ponzi schemes that last longer than your lifetime are marvelous. But it's still fraud. Your grandchildren will curse you.