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Thank you for that TGF! Git r’ Done
Hey TGF tell me again how rich imma gunna be real soon! You stirred up the hornets nest again. One can always tell by the sheer number of LBHI ihub posts on any given day if ole TGF has stopped by for a chat! LOL! Gotta love it.
Nobody takes offense at anyone’s posts and innocent name calling and poking. Just look at ole Joisey boy! He’s always calling me a drunk, and he’ll I haven’t had any vodka since breakfast. Hiccup…
Git r done! Someday!
Yeah lucky me with 629M shares at almost exactly loan value today .0002. Take my advice and always do the exact opposite of what I do with respect to investing. You’ll be rich! I will gladly hand over the 629M shares stock certificate today for .0002.
Any takers?
Git r done!
Git r done!
Yeah I tried to move the ally to schwab years ago and that’s where I hold 80% of mine except these LBHI ally shares. No fees thus far at Schwab but zero commissions have to be made up somewhere somehow.
Cheers
Yes I have an Ally account also with a Roth and I am now paying $20 per month to keep it open. Kinda sucks but it’s been free for the past decade +. I tried to transfer the account years ago but being a Roth with Lehman shares they never could figure it out so I just let it go.
$20 per month for say the next year or 18 months is a pretty cheap price to keep these shares after so many years of holding!
Cheers!
You are correct. My early morning Bitcoin rant has nothing to do with our CTs. I was just pointing out what I believe will be the LBHI endgame.
Cheers!
Big stuff happened in 2008! Bitcoin was created right around the time LBHI filed bankruptcy. Coincidence? Nope. In late 2008 it was decided to begin a change of the global monetary system and “they” who knew and planned this event needed a big take down of a bank. Solvent but very cash poor LBHI drew the short straw…Fuld was blindsided and just couldn’t believe it was happening to him/them, but that’s how the cookie crumbles in big banking. IMHO LBHI will rise from the ashes and rejoin the new world order as a Bitcoin bank. Banking is the next shoe to drop with Bitcoin. Wallstreet is already here with ETFs and securities laws etc. next comes banking. Hold on to your butt!
SEC finally gave approval 30 days ago after 10 years of disapprovals. Every single financial institution in the world will be “in crypto” very soon. Yes every single one…
Cheers!
That deserves a Git r’ Done!
Dang you guys are so freaking smart!
Glad y’all are here…
09/15/2008
Agreed! Amazing news and a great find. Looks like we need to do a road trip to Vienna!
You guys are on fire! Love it!
That deserves a Git r’ Done!
Would it be 17m x $25 = $425,000,000
Or whole undivided shares 17m x $2500 which could become $42,500,000,000
Sorry about that Toogood. I recall you and SwissCheese had lots to say about the J’s. I love the theory! Makes good common sense too.
Ham and SwissCheese knows the answer…I believe the unissued J’s were all his original theoretical study if I’m not mistaken. Wake up cheese! Yer needed in the boardroom…
Whatever. GFY! Good for you!
Somebody needs to run BIEL! Instead of running off everyone at BIEL…
Jimzin was one mad hombre back then with all the wasted money and opportunity. Hope it gets better soon.
You got to admit that was a good one. All in good natured fun! We’ve only ever desired a well run company with honest management that can sell product. I still have half a billion shares currently being used as a door mat, but here for the loooooong run.
Yes sir! Always great to hear from you and all the smart guys on this board. We gotta be gettin close. Git r Done!
It’s interesting that LBHI still indicates “stockholders equity” when ALL stock shares and therefore all stockholders have been cancelled many years ago.
The liquidating trust says former shareholders are “beneficiaries” in the trust.
Anyways it’s just nice to see the word “stockholder” is still alive. I always figured it was just a 3 card Monty or shell game the way they move crap around to get to the end result…recapitalized LBHI, utilize NOLs, reopen as a Bitcoin bank 🏦 and make ole Jimbo a multi zillionaire!
The plan is on track.
Happy New Year!
Maybe LBHI will become that Bitcoin bank like the late Hal Finney predicted should happen for mass acceptance…
Hal Finney was a visionary.
— ₿itcoin Gandalf (@BTCGandalf) January 7, 2024
Here he is talking about how Bitcoin cannot scale and how bitcoin-backed banking would work.
h/t @hodl_miner pic.twitter.com/bvdmwWAK9J
And you are a treasure to this fine Lehman board! Too many other great contributor names to mention so I’ll just say Happy New Year to everyone! Let’s Git R Done!…maybe this year???
Smart answer from Mr. TooGoodFella!
I’m betting that Toogood is or has been a CFO of a company that went thru bankruptcy. Am I close Toogood? You read these notices very different than the average person.
Happy New Year!
I don’t get it. What’s 3020?
Get’em Blue! You’re on the scent trail…might just be varmint poontang, but there is something that stinks in Denmark!
That was me with the prediction around 2014ish. I would have to did in my ihub history…to lazy at the moment. But yes very ironic since it was 2008 that Satoshi Nakamoto released Bitcoin and blockchain onto the world as a gift. No patent. No Nobel prize for math or computer science. Just a gift to humanity. 2008 the same year LBHi bites the dust and now a short 15 years later a Bitcoin ETF is on the verge of SEC approval. And hopefully soon LBHI rises from the ashes as a NEO Bank, a Crypto Bank (irs says we must utilize NOLs in the same class of trade - ie financial services).
So let’s rock n roll with LBit!
Thank you cheese 🧀! Now stay out of your bunker and add to the mass confusion more often.
Cheers
Morning Cotton! Where are you getting all of the info. Gotta link? On this rainy day in Raleigh would be great to read through these important filings.
Cheers brother!
P.s.where the hell is SwissCheese?
Today, the Financial Accounting Standards Board (FASB) announced new rules that will require companies to account for cryptocurrencies like Bitcoin at fair value. The rules are set to go into effect on December 15, 2024, but companies will be able to apply them earlier than that.
https://bitcoinmagazine.com/markets/bitcoin-and-crypto-to-be-measured-at-fair-value-under-new-fasb-rules
Coincidence with LBHI December 2024 date? I don’t think so…
Cheers!
Appears to be very big news Cotton! Keep digging brother…you’re on the scent trail …git’em Blue!
And yes of course that was a joke…
Just in case there are any soft belly luny lefties to be concerned with.
Let’s just say Joisey Boy knows EXACTLY where Jimmy Hoffa is buried. I would be nicer…just sayin.
Joisey Boy is the glue that holds this board together! Thank you very much. So that is a false statement and should be reworded for accuracy.
Well I normally back up my stuff with actual details. That would be nice so I don’t have to read thru the first years of BK docs on a search for the needle in haystack we all have never heard about of. Again I’m not doubting it. Just seems crazy.