Definitions by Mauibrad
Rule 17
“Do whatever it fucking takes.”
De-hypothecation
The reversal of re-hypothecation leveraging. When the loss in value of the underlying assets in the brokerage's account forces the reversal of when a broker pledges hypothecated client owned securities in a margin account to secure brokerage funds. The result being possible disappearance of the commingled funds from the client's account.
The bank's President could not account for his customers funds because their rehypothecated accounts had experienced de-hypothecation and as a result their value was no longer held by the brokerage. (i.e. 1. MF Global/JPM. 2. City of London and Euro collapse.)
De-hypothecation by Mauibrad December 16, 2011
Obaminable
Adj. description of an abominable mistake, dishonest, disagreeable or unpleasantry increasingly common from B.H. Obama.
ex: Copenhagen's Obaminable Failure
Obaminable by Mauibrad December 20, 2009