Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Just over 1B...gee before they had to present facts it was 20B!
GLTA
There's still 8.6 Billion separately mentioned in the settlement article that Lehman is suing JPM for....
This older article that I previously posted in March on Yahoo makes me think our chances for another settlement here are very good.
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/7435494/JP-Morgan-put-Lehman-deal-at-risk.html
GLTA
Check this out Dnoto...
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/7435494/JP-Morgan-put-Lehman-deal-at-risk.html
Informative article that I posted on Yahoo commenting that I felt our chances are GOOD against JPM.
I would assume that this puts an end to their countersuit.
GLTA
JPM settles for 800 million...
http://www.reuters.com/article/2011/04/21/us-lehman-jpmorgan-settlement-idUSTRE73K79E20110421
FWIW....
http://citywire.co.uk/new-model-adviser/adviser-week-will-fscs-u-turn-open-the-floodgates-to-claims/a487901
Turn of events in UK.
GLTA
Lehman selling CD's...
http://www.bankaholic.com/cd-rates-leaderboard-for-april-19-2011/
News to me...
GLTA
FWIW....
http://citywire.co.uk/new-model-adviser/adviser-week-will-fscs-u-turn-open-the-floodgates-to-claims/a487901
Turn of events in UK...
GLTA
Lehman selling CD's...
http://www.bankaholic.com/cd-rates-leaderboard-for-april-19-2011/
News to me...
GLTA
Meanwhile, back at the farm...
http://debatewise.org/debates/1177-should-investment-bank-lehman-brothers-have-been-allowed-to-fail
GLTA
While we twiddle our fingers watching & waiting...
http://debatewise.org/debates/1177-should-investment-bank-lehman-brothers-have-been-allowed-to-fail
GLTA
All on page 14 of FDICs full report that I just posted...
Here's the full report from FDIC...
http://www.fdic.gov/bank/analytical/quarterly/2011_vol5_2/lehman.pdf
Here's the full report from FDIC...
http://www.fdic.gov/bank/analytical/quarterly/2011_vol5_2/lehman.pdf
There was a PR last fall on Lehman hiring a group specifically to sell Lamco...
http://www.businessweek.com/news/2010-10-18/lehman-to-pay-lazard-1-3-million-to-sell-lamco-unit.html
Lehman owns the most expensive real estate in NYC...
http://blogs.wsj.com/metropolis/2011/04/15/lehman-still-active-in-downtown-condo-project/?mod=google_news_blog
Eh, whats up Doc? Wouldn't count em out quite yet....
GLTA
The other good thing that is about to occur soon is that Paulson group has been ordered by the judge to disclose their ownership stake, including the original purchase price. Right now Paulson without revealing facts has stated $20B. Looking forward to a smaller figure by maybe even 50% when all is revealed - IMO, they HAD to have pumped it up somewhat...
GLTA
Rival plans to be considered...
http://www.reuters.com/article/2011/04/13/lehman-idUSN1330119020110413
Lehman real estate news...
http://online.wsj.com/article/SB10001424052748704336504576259083593281972.html
Lehman asks for judge to delay rival plan...
http://www.reuters.com/article/2011/04/08/lehman-paulson-idUSN0818155720110408
GLTA
I think this may be good for us!
Everything must adhere to BK laws anyhoo so lets cut to the chase!
GLTA
New PR, swords are rattling...
http://www.bloomberg.com/news/2011-04-05/lehman-paulson-plans-strip-value-from-unit-creditors-state-street-says.html
GLTA
New PR, the swords are rattling...
http://www.bloomberg.com/news/2011-04-05/lehman-paulson-plans-strip-value-from-unit-creditors-state-street-says.html
GLTA
DIRTY GS WANTS A PIECE....LINK...
http://www.businessweek.com/news/2011-04-04/goldman-lehman-creditors-said-to-draft-rival-payment-plan.html
Peck is to decide Apr 13 if competing plans get considered....
GLTA
NEW PR...THE DIRTY HAND OF GS WANTS A PIECE...I KNEW IT!!! LINK...
http://www.businessweek.com/news/2011-04-04/goldman-lehman-creditors-said-to-draft-rival-payment-plan.html
Peck better do right on April 13th when he gets to decide if rival plans will even be considered...
GLTA
Good find Dnoto...interesting. eom
GLTA