D detective Nov 14, 2007 #11 Quote from alientrader: Now lehman brothers saying that their entire subprime exposure is hedged???? HMMMMMMMMMM More... Somebody has to have subprime exposure, otherwise there is no subprime market. If Lehman is hedged, that means someone else is holding the hot potato.
Quote from alientrader: Now lehman brothers saying that their entire subprime exposure is hedged???? HMMMMMMMMMM More... Somebody has to have subprime exposure, otherwise there is no subprime market. If Lehman is hedged, that means someone else is holding the hot potato.