Yes, same games are being played here, but we know what the end result will be $$$. It will happen, just a matter of time.

This is my favorite play in my portfolio.

Nice fill SF. Let's make some money now.

Lehman Says Negotiators Knew Barclays Got $5 Billion Discount

http://www.bloomberg.com/apps/news?pid=20601087&sid=auigHVNOjKmk

Lehman Says Negotiators Knew Barclays Got $5 Billion Discount

http://www.bloomberg.com/apps/news?pid=20601087&sid=auigHVNOjKmk

Hey Brikk, do you see anything interesting going on in L2 or is quiet?

I figured that price point was a steal too, but didn't have any dry powder.

Nice job!

Exposure is the keyword to unsealing the documents to the public. One thing I know for sure is we are in better shape now than we were before the unsealing of the documents

Everyone is entitled to their own opinion and mine is that it's time for me to accumulate more shares. Someone is going to pay the price and I don't think it will be Lehman.

and for the folks that arranged this crooked deal should go to prison for fraud. I'm sure Judge Peck is pissed as they clearly took advantage of the deal. Pure Greed!

but our shares in the company are sure smelling good :)

There are a ton of new documents up on...

http://chap11.epiqsystems.com/docket/docketlist.aspx?pk=de7ced2b-52e7-4172-92e1-9ec425933bd0

There are a ton of new documents up on...

http://chap11.epiqsystems.com/docket/docketlist.aspx?pk=de7ced2b-52e7-4172-92e1-9ec425933bd0

There are a ton of new documents up on...

http://chap11.epiqsystems.com/docket/docketlist.aspx?pk=de7ced2b-52e7-4172-92e1-9ec425933bd0

LOL, this will take me at least a month to read. By the time I finish reading it, I will have to read it again because I forgot everything I already read :P

LBHI DOCKET #5514 HAS THE UNSEALED PAGES IN IT!

Posted by: coach tequila Date: Thursday, October 15, 2009 5:13:10 PM
In reply to: None Post # of 3387 [Send a link via email]

http://chapter11.epiqsystems.com/docket/docketlist.aspx?pk=de7ced2b-52e7-4172-92e1-9ec425933bd0

Grab your favorite cocktail and let's see what all of the LEHMAN team wanted everyone to know about!

The Perfect Storm Continues!

Coach T

http://www.bloomberg.com/apps/news?pid=20601103&sid=aaLQzde.i5ak

Lehman Pays $417.4 Million to Bankruptcy Advisers (Update1)
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By Linda Sandler

Oct. 15 (Bloomberg) -- Lehman Brothers Holdings Inc., the investment bank liquidating in bankruptcy, paid its advisers $417.4 million for 12 months of work, according to a filing with the U.S. Securities and Exchange Commission.

Restructuring firm Alvarez & Marsal LLC, which provided Lehman with its current chief executive officer, Bryan Marsal, led the payments with $169.2 million in fees through Sept. 30. Weil Gotshal & Manges LLP of New York, the investment bank’s lead bankruptcy-law firm, was paid $98.5 million, Lehman said in yesterday’s filing.

Lehman’s payments to advisers, though trimmed by a fee examiner, haven’t faced major challenges like bankrupt automaker Chrysler LLC, which is using U.S. Treasury loans to wind itself down. Government lawyers yesterday objected to $5 million in fees charged by the old Chrysler’s lawyers including lead bankruptcy adviser Jones Day.

Cash on hand at Lehman and its affiliates rose to $15.7 billion by Sept. 30, from $14.7 billion at the start of the month and $2.5 billion when it filed for bankruptcy.

Lehman filed the biggest U.S. bankruptcy in September 2008 with assets of $639 billion. Creditors including UBS AG, the New York Giants and Abu Dhabi Investment Authority filed more than 16,000 claims against the collapsed bank before last month’s court-imposed deadline.

The case is In re Lehman Brothers Holdings Inc., 08-13555, U.S. Bankruptcy Court, Southern District of New York (Manhattan).

To contact the reporter responsible for this story: Linda Sandler in New York at lsandler@bloomberg.net.
Last Updated: October 15, 2009 09:43 EDT

http://www.bloomberg.com/apps/news?pid=20601103&sid=aaLQzde.i5ak

Lehman Pays $417.4 Million to Bankruptcy Advisers (Update1)
Share | Email | Print | A A A

By Linda Sandler

Oct. 15 (Bloomberg) -- Lehman Brothers Holdings Inc., the investment bank liquidating in bankruptcy, paid its advisers $417.4 million for 12 months of work, according to a filing with the U.S. Securities and Exchange Commission.

Restructuring firm Alvarez & Marsal LLC, which provided Lehman with its current chief executive officer, Bryan Marsal, led the payments with $169.2 million in fees through Sept. 30. Weil Gotshal & Manges LLP of New York, the investment bank’s lead bankruptcy-law firm, was paid $98.5 million, Lehman said in yesterday’s filing.

Lehman’s payments to advisers, though trimmed by a fee examiner, haven’t faced major challenges like bankrupt automaker Chrysler LLC, which is using U.S. Treasury loans to wind itself down. Government lawyers yesterday objected to $5 million in fees charged by the old Chrysler’s lawyers including lead bankruptcy adviser Jones Day.

Cash on hand at Lehman and its affiliates rose to $15.7 billion by Sept. 30, from $14.7 billion at the start of the month and $2.5 billion when it filed for bankruptcy.

Lehman filed the biggest U.S. bankruptcy in September 2008 with assets of $639 billion. Creditors including UBS AG, the New York Giants and Abu Dhabi Investment Authority filed more than 16,000 claims against the collapsed bank before last month’s court-imposed deadline.

The case is In re Lehman Brothers Holdings Inc., 08-13555, U.S. Bankruptcy Court, Southern District of New York (Manhattan).

To contact the reporter responsible for this story: Linda Sandler in New York at lsandler@bloomberg.net.
Last Updated: October 15, 2009 09:43 EDT

I'm sold on that deal. Bring me the share swap if that's the case.

With the DOW over 10,000 today... I think this alone will bring in new investors if the DOW can stay over 10,000 tomorrow look out.

I know a lot of people have been waiting for this as an entry point.

As Coach says... Perfect Storm.

Maybe today...9977 now

Especially since we are in court right now.

Oh yes, JPM is holding 17 billion of Lehman Brothers money. Lets see now...

JPM owes Wamu 4 billion + interest and Lehman Brothers 17 billion + interest.

SAD, but so true.

Yes, we have the best BK team in the world. Let's make some money.

Court Agenda for tomorrow

http://chap11.epiqsystems.com/viewdocument.aspx?DocumentPk=ea3be669-41b3-47fc-8acf-d4f55ce2bb90

Court Agenda for tomorrow

http://chap11.epiqsystems.com/viewdocument.aspx?DocumentPk=ea3be669-41b3-47fc-8acf-d4f55ce2bb90

Court Agenda for tomorrow

http://chap11.epiqsystems.com/viewdocument.aspx?DocumentPk=ea3be669-41b3-47fc-8acf-d4f55ce2bb90

Sorry, I can't find the agenda docket at this time, but here is the schedule for tomorrow on behalf of Tashi

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=42395482

Come on baby light my fire :P

New docs on the site. AIG is on for tomorrow.

http://chap11.epiqsystems.com/docket/docketlist.aspx?pk=de7ced2b-52e7-4172-92e1-9ec425933bd0

You still have this morning to get into preferreds for a few more cents a share. This might be your last opportunity.

Do what you feel is right and good luck.

I don't think so considering the face value. You are doing great. Best of luck...

Yes sir... that is what I'm saying as of today. I also own c,d,f,j and LBHGP.

HOORAH!!! Hit my 10,000 share milestone this morning. Good luck to all and let's make some money. Also slapped LBHGP this morning too.

Nice, thank you.

Norkel... As you know, I own both. I feel this is much bigger than Wamu, but Wamu is a great play too. As Viva says, play both of them as a PARLAY.

I like this part myself. This is where all of the money is hidden... Talk about a diamond in the rough.

Lehman had more than 900,000 derivative contracts outstanding when it filed for bankruptcy and the New York-based bank said mediation would save money and time in resolving its complex Chapter 11 case. Some counterparties argued mediation would limit their rights.

Thanks Coach... The heat is on :P

BxA Size 100x1 looks great.

If the bid size is significantly larger than the ask size, then the demand for the stock is larger than the supply of the stock; therefore, the stock price is likely to go up

You can't catch the big fish if you don't have your line in the water :P GLTA