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BUT! The destruction of records is a very good sign of el finito!
Sounds like a good plan grilled cheese…
Satisfied in Full!
Hiccup!
Are you smoking that Bleu Cheese again Swiss?
Veritas!
I never sell Toogood. I’m to dumb to dump stuff when yer supposed to! LOL
Hey Toogoodfella…tell me again how rich I’m gunna be. I just like to hear it…doesn’t matter if it’s speculation. My grandkids don’t know any different…but they seem to be very impressed by ole paw paw!
Git r Done GrilledCheese!
The last name of the Credit Suisse chairman is Lehmann?
Axel Lehmann...small world.
DEBIT SWISS and not CREDIT SWISS, is the proper name
Credit Suisse has $1.5 trillion of assets under management and the share price has crashed This could be that “Lehman Brothers” type moment. Something to keep an eye on next week and beyond #creditsuisse
Market cap of $CS is now a rounding error. 35x leverage. This and Deutsche Bank…a canary in coal mine. CDS on Credit Suisse now at GFC highs.
Famous Swiss Bank #CreditSuisse down 95% since 2007.
That’s good news. Transferring NOLs to a liquidating trust is not the same as transferring to another company or unrelated entity. lBI received permission to transfer NOLs…no harm no foul. Correct?
I love NOLs! I sure hope to hell we have the $50B that I’ve been hearing about for 14 long years!
“Too much emotion on the board, not enough logic, reading, and comprehending.”
WOW! Is SwissCheese and TooGoodFella the same person? Or did the grasshopper just snatch the pebbles from the masters hand? Remember that from the show Kung Fu ?
Either way…Git r Done!
I nominate this post from Steve43 as the top stickie post until such a time that it no longer a completely truthful statement…i.e. PPS is above $0.01 minimum.
I’m perfectly happy with just the $25. The rest would simply be gravy for a new Ford F-350 dual cab and maybe an RV.
Then I’m gunna send ole Dick Fuld my resume for a crypto position in his new company.
I really want Common shares to pay out. No telling what those could be on the open market after all the current banks go belly up…it’s their turn
Toogoodfella, please remind me again how rich I’m going to be when all this is over next month!
Hey that’s his middle name…
“Joe Misleading Stocks”
I’m ok with that too. And LBHI becomes a crypto bank just as i first stated on this board in 2014ish. It’s all coming together nicely. Hiccup!
That’s deserves a big ole Git r Done!
It looks like big Dick is going Crypto!
https://www.prnewswire.com/news-releases/oasis-pro-markets-announces-dick-fuld-as-a-strategic-advisor-301622050.html
Taking a hypothetical Buck right now vs 5 bucks in a year is NOT git’n r done Joisey. Hold out for the five bucks you’ve preaching about for 14 years…what’s one more year! No big deal.
That’s good stuff Swiss!
Keep it going brother…
Git r’ Done!
Yes sir! One of these years were gunna be rich!
Git r done Cheese Whiz!
I’ll bet you’re spot on.
Lehman was a full blown member of what I call…the “lizard people”!
The lizards blew up LBHI in 2008 to usher in the new digital currency era. These things are not done quickly. These lizards are very patient! Anyway, it was no accident that Bitcoin white paper was published in 2008…look it up, it’s only 8 pages long. Good reading.
Bitcoin born in 2008 after LBHI death in 2008…
But did LBHI really die. WE don’t think so!
The lizards are cunning and very patient…
It’ll become a new global crypto bank!
IlluminatiBank
How would J shares work post “All LBHI shares have been cancelled”?
Maybe that’s why they would need to be reposted on an exchange outside of US?
Your DD is simply amazing Swiss!
Where do you find this stuff? Why would LBHI look to list the stock outside of the USA? I’m all for it, but why? Just easier maybe? Less scrutiny?
The time you spend on DD for this board is deeply appreciated…I just want you to know that.
Cheers Cheese!
Hiccup!
Didn’t the court decree that LBHI is in no way obligated to respond to the matter in any way?
Could swear I read that…
That’s about as clear an explanation as anyone could ask for…
short and sweet with 100% accuracy!
Cheers Cheese!
Thanks to you and your brain!
Looking good cheese steak!
Git r done cheese stick!
Correct…not voided only under bankruptcy stay!
LBHI will rise from the ashes soon.
Buy Bitcoin beeotches!
Our CT’s are of course a liability to LBHI, but I do not see how they are subject to compromise since we were deemed to reject the POR.
IMHO…NOT subject to compromise and therefore NOT dischargeable.
Cheers!
Git r’ Done!
I can't recall exactly what I so brilliantly wrote before either, but I do recall saying the liquidating trust plan acts like a separate organization from LBHI. It's where all the action takes place to liquidate assets, but it does not liquidate LBHI. The liquidating trust is something the IRS grants permission to do and it dissolves itself once everything is liquidated, but the company (LBHI in our case) remains.
That's my take on the situation...but what the hell do I know. I still think LBHI will become a crypto bank!
Cheers Cheezy!
this document slipped by
______________________
Cheese Whiz, don't let that happen again! we pay you top dollar to stay on top of this stuff...
we'll let you off with a written warning this time, but next time Joisey Boy will send some guys to check in on your health! if you's knows what I means...
cheers brother!
Looky there Joe! You saved another soul from Lehman purgatory! You’re like the Mother Teresa of stock picking…maybe change your name to Stock Pope or something?
God bless you Joe and for all you do for us simple minded idiots.
I follow you Cotton. My only point is today there are no longer any stockholders and what does that new fact do to the paragraph you refer to.
My guess is it means CTs are paid before shareholders in a bankruptcy…ok we are seeing that happen now. CTs are being paid and payments are redirected to higher classes. I hope CTs can NOT be discharged and will be reinstated once LBHI rises from the ashes.
Cheers
My only question about the “any stockholders” language is simply LBHI administrators have made a big deal out of cancelling ALL Stock Shares. I realize they have an escrow placeholder, but they do call us “former shareholders”…now beneficiaries.
Lawyers can be sleazy, we all know that.
What do you think Cotton?
I hold CTs and Former equity. I love both and want both to be reinstated like brother Toogood says.
Cheers!