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THE 28th DISTRO
WILL BE 176M
IT MAYBE THE FINAL FOLKS
Thank you BB50 for reporting them as you have. I’ll keep and eye on the trading and try to give a report. What I’ll watch for is that all shares trade during some 2 or 3 week period. Unless we get an unexpected high volume in a share it’s more important to all of us that Al shares remain currently active I believe.
Enjoy your projects.
Happy Easter to all of you. Thx Jersey. Cheers
I've got a few projects this summer I need to address.... so I will no longer be posting the daily shares sold on the 4 Lehman CT's that are an ongoing concern here!!
Having said that LHHMQ are the most traded and the LEHNQ are the least traded....
Actually lines up with how they were trading prior to being delisted and trading on grey sheet exchange.....
I know because that's when I bought a majority of my shares back in 2019/2020.....
So if anyone wants to continue to post the daily totals? Feel free.... but don't do it on my account....
Either we get paid or we don't.... simple as that.
Happy Easter, Jersey! Hope it’s been a good one for you.
HAPPY EASTER TO MY FRIENDS HERE, and everyone else to. Enjoy your families.
If your not church goers or atheist, it's all good. Do your thing. No disrespect by my post.
Just wanted to say my words.
do we expect anything after 04/15? or just a hope that will get us through several years?
WOO HOO...TOOT!
Oh what fun. Lol .. 😆
Now give me the real deal.
This is what i see with additional info such as dates starting from 04/15/2024. NONAME is LEHDQ.
Symbol Security Type Transaction Type Transaction Amount Income Type
NO NUMBER Cash & Money Market Interest 0.75 Estimated
NO NUMBER Cash & Money Market Interest 0.01 Estimated
LEHKQ Equities Interest 7968.75 Estimated
LEHKQ Equities Interest 3984.38 Estimated
LEHKQ Equities Interest 6021.59 Estimated
NO NUMBER Cash & Money Market Interest 0.75 Estimated
NO NUMBER Cash & Money Market Interest 0.01 Estimated
NO NUMBER Cash & Money Market Interest 0.75 Estimated
LHHMQ Equities Interest 18750 Estimated
LHHMQ Equities Interest 3750 Estimated
LHHMQ Equities Interest 3750 Estimated
NO NUMBER Cash & Money Market Interest 0.01 Estimated
NO NUMBER Cash & Money Market Interest 0.75 Estimated
NO NUMBER Cash & Money Market Interest 0.01 Estimated
LEHKQ Equities Interest 7968.75 Estimated
LEHKQ Equities Interest 3984.38 Estimated
LEHKQ Equities Interest 6021.59 Estimated
NO NUMBER Cash & Money Market Interest 0.75 Estimated
NO NUMBER Cash & Money Market Interest 0.01 Estimated
NO NUMBER Cash & Money Market Interest 0.75 Estimated
LHHMQ Equities Interest 18750 Estimated
LHHMQ Equities Interest 3750 Estimated
LHHMQ Equities Interest 3750 Estimated
NO NUMBER Cash & Money Market Interest 0.01 Estimated
NO NUMBER Cash & Money Market Interest 0.75 Estimated
NO NUMBER Cash & Money Market Interest 0.01 Estimated
LEHKQ Equities Interest 7968.75 Estimated
LEHKQ Equities Interest 3984.38 Estimated
LEHKQ Equities Interest 6021.59 Estimated
NO NUMBER Cash & Money Market Interest 0.75 Estimated
NO NUMBER Cash & Money Market Interest 0.01 Estimated
NO NUMBER Cash & Money Market Interest 0.75 Estimated
LHHMQ Equities Interest 18750 Estimated
LHHMQ Equities Interest 3750 Estimated
LHHMQ Equities Interest 3750 Estimated
NO NUMBER Cash & Money Market Interest 0.01 Estimated
NO NUMBER Cash & Money Market Interest 0.75 Estimated
NO NUMBER Cash & Money Market Interest 0.01 Estimated
LEHKQ Equities Interest 7968.75 Estimated
LEHKQ Equities Interest 3984.38 Estimated
LEHKQ Equities Interest 6021.59 Estimated
NO NUMBER Cash & Money Market Interest 0.75 Estimated
NO NUMBER Cash & Money Market Interest 0.01 Estimated
NO NUMBER Cash & Money Market Interest 0.75 Estimated
LHHMQ Equities Interest 18750 Estimated
LHHMQ Equities Interest 3750 Estimated
LHHMQ Equities Interest 3750 Estimated
NO NUMBER Cash & Money Market Interest 0.01 Estimated
Investment Income - Schwab - Try Export to excel file and see which security is getting dividends from 04/15/2024.Its fun to see on paper.
It's OK.
I like the company. All good folks.
Vegas party theme.
THE WINNING DUPES
So, we are not going to get anything for the US CTs from the 'Judgement Award' in the UK Court by April 9th, 2024, per the schedule agreed upon in front of the Court by LBHI, LBI, PWC and other 'parties to the Settlement' ??
We all might be dupes here!! lol
US Market is closed on Good Friday
You are a truly Great American!
TKU
I am just a regular dupe.
Like everyone here.
BTW. let's go Brandon.
We are stuck.till the ending. May it be SOON
don't forget to chip in. Deportations.
Let's go Lehman. Git R Done
From me, the dupe
I don't think that's right.
I don't think they give a damn about folks leaving or selling.
I think they just keep playing the game.
ALL IMHO
right on, they want to delay so every investor leaves. they want you to sell your shares so that they can buy through canadian exchange.
🐂🐂🐂We have been here on this Bankruptcy Circuit for many many years. We get bucked off the basis in the courtrooms, however, we always managed to dust the dirt off and get up again and ride the Beast.
Continue, do not drive a commercial truck, unless you trust and know and believe that good music can save your life:
"... pisted, as it were" about this article and the "alternative Outcome:"
Put the CEO in a commercial truck and let him run 70 mph all night long and take his scheduled Federal mandatory breaks and deliver his products on time between the hours of 9pm and 9am (Odometer must read between 500 and 600 miles for each nightly trip).
https://www.cbsnews.com/amp/news/retirement-social-security-crisis-raise-retirement-age-blackrock-larry-fink/
Exhibit A Distribution to Holders of Allowed Non-Priority Unsecured Claims
08-13555-mg
Doc 61652
Filed 03/28/24
Entered 03/28/24
09:14:13
Main Document
Pg 4 of 9
Distribution as a % of Allowed Claims
Twenty-eighth Distribution on 04/04/24 (3)
Prior Distributions (1)
Cumulative Distributions (1)
Class
3
Lehman Brothers Holdings Inc.
Senior Unsecured
46.562768%
0.095173%
46.657941%
Class
4A
Senior Affiliate Claims
37.505079%
0.085195%
37.590274%
Class
4B
Senior Affiliate Guarantee
36.597743%
0.083309%
36.681052%
Class
5
Senior Third-Party Guarantee
29.282535%
0.066647%
29.349182%
Class
6A
Convenience Claims
26.000000%
N/A
26.000000%
Class
6B
Guarantee Convenience Claims
17.000000%
N/A
17.000000%
Class
7
General Unsecured
43.589305%
0.088251%
43.677556%
Class
8
Affiliate Claims
34.457586%
0.078273%
34.535859%
Class
9A
Third Party Guarantee Claims other than of the RACERS Trusts
27.563259%
0.062618%
27.625877%
Class
98
Third Party Guarantee Claims of the RACERS Trusts
16.757372%
0.038086%
16.795458%
Class
10A
Subordinated Class 10A Claims
N/A (2)
N/A (2)
N/A 21
Class
108
Subordinated Class 10B Claims
N/A (2)
N/A (21
N/A
Class
10C
Subordinated Class 10C Claims
N/A (2)
N/A (2)
N/A 121
You guys are so kind to me.
Thank you.....🤣
Plus..there are way way more folks here holding more than the measles pittance I have. Just a note....
They need to fund SS from the same bottomless well they get 'money for Illegals' from....
Jersey, I had the opportunity to visit with AZ today; we drew the conclusion that the lawyers know how many shares you are hoarding here and they are awaiting your untimely demise… before closing the bankruptcy!!
So to successfully join the Vegas party!! (On your tab of course at the Wynn hotel we’ve come up with a plan…! Just kidding, Wynn my idea… lol)
AZ plan goes as such… go in and do a legal name change. With a new address and then transfer your account over to that… might be better to push it into 4 different names and accounts!?! Break it up some… to allude the lawyers(aka NY mafia) lol
My idea is much simpler… we just fake your death and lay up all inheritances into probate until the bankruptcy is resolved and dissolved… the 4 inheritances are all allocated to your lovely wife and your bastard children!! And if the Lehman counsel needs to contact the estate it then should contact AZ on how to proceed…. (slightly brilliant if you ask me? lol)
This really seems to be the logical solution to conclude this bankruptcy!!
Hope you’re on board… and if nothing else? I should out live you! lol
Can’t wait to have a scotch at the Wynn hotel!! With you and your lovely wife and your bastard children….
See ya soon! Wynn for the win!!!
200 shares traded Wednesday
LEHNQ
How does he feel about you? Take this Dude to a Management Off-site Training Program and give him a shovel to move one ton of black rocks ten feet. Or turn off the air conditioner in his office for one day. Everyone does not laugh and talk all day long to earn a living. Damn Shame ... wait to receive your cash or die trying...where do these people come from? Mars
Heheheh..wishful thinking there stox.. we are still under the rules of the POR. That needs to go away and like others have pointed our, it seems like it's going to be sometime in 2025. And until we get there, there is always something around the corner according to some posters. And once we do get there, there is a delay because of something new that came up. This has been the story for the past decade or more so, smoke your pipe, drink your scotch and let the game play out the way it needs to.
At this point in space time, I am here to enjoy the game!
Heheheh..wishful thinking there stox.. we are still under the rules of the POR. That needs to go away and like others have pointed our, it seems like it's going to be sometime in 2025. And until we get there, there is always something around the corner according to some posters. And once we do get there, there is a delay because of something new that came up. This has been the story for the past decade or more so, smoke your pipe, drink your scotch and let the game play out the way it needs to.
At this point in space time, I am here to enjoy the game!
Has anyone transferred shares from a regular brokerage account to a Roth account. I tried to do that with E*trade and they said I can only fund the Roth with cash.
Has anyone transferred shares from a regular brokerage account to a Roth account. I tried to do that with E*trade and they said I can only fund the Roth with cash.
Should be seeing a LBIE report from period of last 6 months October 2023-March 2024 coming out in April 2024,
Read it again and that settlement of the case that had been in LBF (AG) Swiss Courts first is now according to the last LBIE report I read from last October "(LBIE) Admin is trying to seek a resolution with the two German counterparties who had some sort of 600-700 CHF claim initially in Swiss Courts but then also LBIE said it would count as an expense of LBIE I believe. Something I forget but that's one thing I reread to see if it was going to resolve. The other litigation PwC UK mentioned on the LBIE report in Oct 2023 was the AGFP ongoing appeal, which on 3/14/24 and order to stick with Judge Chapman's decision in favor of AGFP was upheld and that LBIE owes AGFP 20 Million USD (ooohoohohoo!) - lol.
But then they also said that the LBIE v AGFP in the states litigation could take two years and maybe now that it seems to be officially closed and there may be a resolve of this former Swiss (LBF AG) courts claim by 2 german counterparties now in a resolution type negotiation we should hear about next month - that leaves just LBHI distributiions April 4, 2024 and LBT's report of a wind down I'm not too sure what they're doing they're ultimately a subsidiary of LBHI thru a Delaware intermediate subsidiary of LBHI/parent of LBT. So maybe the point is - this is all almost sorted out.
Side note have you seen the LBF AG (Swiss) liquidation site? I clicked on their last distribution in December 2022 and it brought me to a page for intralinks.com and they have a done a few "AI" software bankruptcy and reorganizations with AI and their Virtual (secure) Data Room or w/e where its just a filing system but secure and enterprise like Google Drive like. Appparently these AI Bankruptcy and Restructures are to figure out the confusing shit so the company can "reemerge"
First LBF AG https://www.lbf-inliq.ch/index.php/news
Then click it and its using some "intralinks.com" filing system I started to explore...
Heres their Bankruptcy and Restructuring PDF: https://www.intralinks.com/sites/default/files/pdf/bankruptcy-and-restructuring-sell-sheet.pdf
https://www.intralinks.com/solutions/bankruptcy-restructuring
https://www.intralinks.com/products/mergers-acquisitions/ai-dealcentre
Wouldn't this type of software filing and AI data processing and spitting out faster solutions make this snails pace of a nightmare 16 years worth of paperwork and documents filed across like everywhere on the web and prob off resolve much faster?
Do you think that may fix all the claims LBHI has against itself to make any fucking sense?
Also LBIE and said its goal is to end Administration and return control frm PwC UK appt Admin to the LBIE directors (whoever they are) and as an ongoing process. I'm sure someway that means if CH 11 closes we still can draw our $ for what we're guaranteed, owed in statutory interest on our claim filing, and suspended qtr cash distributions from the LBIE (UK) subsidiaries, maybe LBT unwinding too, and whatever else was settled outside of court worldwide.
I think I'm sort of banking on this just closing CH 11 and then finally we can get our distribution in cash and statutory interest like the pdf of the original Sep 18 2008 claims say on the first page - it's that PDF cotton shared I think for LEHLQ by BNY.
So yeah lets just hope this is the last time we need to hear anything from PwC UK....
'Nuff Already, WTF.....
That about sums it up. COULDNT AGREE MORE
I want my 'Judgement Award money' sent to me before April 9th, 2024 as per the Court Order....'Nuff Already, WTF.....
only reason the question comes up is this is special situation where your shares are locked, you cannot buy and only sell. i am confused as original poster appear to have done it
I thought a roth conversion required a sell and then re-buy in roth acct
I thought a roth conversion required a sell and then re-buy in roth acct
interesting. never heard of them. what are you suggesting? it's ok to do the transfer in this special situation? has anyone done it? just not feeling comfortable although would like them in roth
FYI re stock transfers:
Cede & Company, also known as Cede and Co., is a specialized financial institution in the United States. It plays a crucial role in processing transfers of stock certificates on behalf of the Depository Trust Company (DTC). Let’s delve into some key points about Cede & Co.:
Purpose and Function:
Cede & Co. processes stock transfers for the DTC, which serves as the central securities depository for the U.S. National Market System (including the New York Stock Exchange and Nasdaq).
Investors and companies give up their stock ownership to Cede & Co., which acts as an intermediary.
Most publicly issued stocks in the U.S. are technically owned by Cede & Co., not individual investors.
Securities held at the DTC are registered in Cede & Co.‘s nominee name and recorded on brokerage firms’ books for beneficial owners1.
Ownership and Structure:
Cede & Co. owns a staggering 83% of all issued stocks in the United States.
The remaining 17% is directly owned by registered holders through the direct registration system.
Cede & Co. was founded in 1996 specifically to efficiently process stock transfers for the DTC.
Its name, “Cede,” is derived from “certificate depository” as a shorthand1.
Nominee Role:
Securities managed by the DTC are deposited with or on behalf of the DTC and registered in the name of Cede & Co. as the nominee.
Cede & Co. holds the record of ownership for these securities.
It operates as a separate legal entity from the DTC and is structured as a partnership.
The partnership structure allows general partners to order stock transfers without additional corporate resolutions2.
Location:
Cede & Co. is headquartered at 55 Water Street, Suite Conc4, New York, New York 100411.
In summary, Cede & Co. plays a pivotal role in the complex world of stock ownership and transfers, acting as the custodial nominee for securities managed by the DTC. Its name reflects its function as a certificate depository, even though most investors don’t directly hold property rights in stock but rather have contractual rights tied to Cede & Co.
thank you so much. i am happy that i checked as something was worrying me to do so.
200 shares traded for Monday
LEHLQ
unless one ask for the actual certificate
all stock/bonds/bills are in street name
one may ask for an actual certificate
however it is not done any more
the brokerage maintains the individual owner ship thru their records
so your personal your 401 your retirement trust your 501 et. al.
investments are all kept in street name
the brokerage firm assigns you ownership thru their records not the companies
Bonds 10 b are in street name Bank of NY
CTs are in street name your brokerage
your individual holdings are assign to you by the brokerage
esc tag is when the the total issue stops trading ie P prefer
this is then transfer to DST that keeps track of each
brokerage holdings
DST does not have individual holdings unless one personal
file a certificate with them
Wamu in reorganization one was ask to grant personal release
to JPM the DST would then hold your individual holdings
My Mom would tell you do not try to out Ponzi Ponzi
ed, are you replying to my message? if so , thank you. what do you mean by held in street name and not individual?
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IPO - 1/7/2005 - 8.00 Million Shares @ $25.00/share.
Previous Ticker Symbol: LEH-N Changed: 9/17/08
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