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Well that doesn’t sound like good news. What say you Cotton?
Are you going to call them when CA wakes up?
The site was created using WIX.com
when you click on the Linkedin link at the front page bottom it takes you here...https://www.linkedin.com/company/wix-com/
So nice find Argus...but it's fools gold IMHO.
Keep up the nice work brother!
Joisey Boy, I know you have tried everything but sometimes the drugs win...at least for a while. A guy once gave me some advice...get the kid a health insurance policy, if he's not on yours already, and then say good bye...and change the locks on the doors! At least if he winds up in a hospital, that'll be covered. Knowing you, you've already got that covered probably. There is hardly anything worse than watching a kid destroy himself with drugs. It sucks bad. Too many have gone thru this Joisey...this board stands with you and you are in our prayers.
I just checked schwab and all are showing fine. Let us know what you discover.
Cheers
Yeah He needs to hire the official Pedo Lawyer that represents that Prince asshole Duke of doggy shit and Alan Jerkovicks and Bill Gates and Bill Clinton and oh yeah Hillary Clinton too! She likes the kiddie girls too at the pizza gate parties! What a bunch of degenerates!
Our former Barclays CEO just can’t stop digging his own grave. The poor sap!
https://www.zerohedge.com/political/previously-unreported-stash-1200-emails-between-staley-and-epstein-emerges-some-reference
Yes sir! Keep it going Argus63…
Your contribution is very valuable to all of us. Well except Joisey Boy…he can’t read.
You have found better Argus63…
But thanks for the LBHI update! LOL
Hey Joisey! Vodka, hiccup, is not just for breakfast anymore…burp!
Yepper. That would be my guess also.
Cheers!
Read it again…Page 1 down towards the bottom under “purchase price”.
I believe that means in layman’s terms they will pay a 5% premium. Maybe I’m incorrect…
I believe the 5% is the premium above listed pricing on exchange. Don’t you think?
Git r done Swiss! You are the man…
Is that an ecap like the ones we talk about everyday and did it really rise 7.50 pounds today?
“Third, even at this late
stage, the timing of LBHI’s
ultimate liquidation and the ultimate remaining amount available for
Distribution cannot be determined with precision; both depend primarily on the inherently- uncertain resolution of various significant litigations in other courts and recoveries from a number of LBHI’s foreign, non-controlled affiliates.”
When you read this paragraph and see the word LIQUIDATION, it’s because since 2012 LBHI is a Operating as a LIQUIDATING TRUST. This trust was approved by the IRS and is by design an entity that will just go away once all distributions have been made. LBHI is separate and apart from this Liquidating Trust (Plan Trust). LBHI holds the NOLs and the Liquidating Trust was simply formed to effectuate the POR…again approved by the IRS.
As everyone knows our LBHI equity shares were cancelled and we (former equity holders) now hold a piece of the one big share HELD by the liquidating plan trust as a BENEFICIARY of the liquidating plan trust…its all IRS Mumbo Jumbo. But they had to do it that way for a million different reasons in the tax code.
I guess I’m just bringing this up for our old friend Joe. Yea it is a “liquidation” but IMHO not in the way a carpet store goes out of business and sells everything. This bankruptcy is a ReOrganization and is designed to have LBHI survive and rise from the ashes with NOLs out the Wazooo!
Cheers all!
That's big stuff Cotton! Nice find...
Keep digging...yer almost there
Cheers
Just change the name to Crypto Bros. Inc.
CRYPTO BROS INC.
Got a little ring to it… several of the new crypto banks are using different spellings of “Bank” …maybe BanC or BanQ
You got that right Argus! I’ve been on the Crypto train since 2013 and after 1 year of daily study I came to the conclusion that LBHI would be the perfect legacy bank to join the revolution. Mainly because the revolution started when Lehman ended.
Look up the hidden message in the original genesis block of Bitcoin.
Google it. It will blow your mind…
Cheers
Yes I agree with you. I was only saying that Barclays supposedly does own Lehman trademarks AND they are an international bank AND they hate paying taxes…so maybe they could merge with LBHI and do many things at once:
1. Restart LBHI as a crypto currency international charted bank
2. Take advantage of NOL tax attributes
3. Get a new CEO at Barclays that does not hang out with Jeffrey Epstein and Bill Gates and teenage girls.
Etc…
Cheers!
{With Barclays now former CEO Staley sleeping with the Jeffery Epstein fishes} the best option is to break up the bank with an initial public offering of a reconstituted Lehman Brothers and a sale of the U.S. credit card business, analyst Chirantan Barua wrote Friday in an open letter to the CEO. The new American securities unit would require $6 billion of funding and should be listed in 2020 or 2021 with a new management team, he said.
Swiss this may be a good candidate for an ihub stickie...as a reminder that we (LBHI) are connected in a major way to Barclays...and Barclays apparently needs help. I believe lots of banks are going to need help in the short term...
Thank you Swiss. Nice find! Those are wonderful words…Reconstituted Lehman Brothers! WOW! We may be holding the Willy Wonka Golden Tickets! We shall see soon enough
Nobody can beat Argus63 with new news! Nobody!
Thanks Cheese! I’ll try to read the article. It’s behind a subscription plan…but I see some of it is also in the posting.
Cheers
Theoretically speaking, any merger, with any company, would only take place after the LBHI bankruptcy is finalized and LBHI is free and clear of all debts.
So if a Barclays merger is in the plans, Barclays gains +++$50B in NOLs and pays little to no taxes for years to come. I’m sure there are other advantages too.
The major one I see is LBHI becomes the CryptoBank arm of whatever deep state bank they merge with…
Cheers
brother toogood, Barclays supposedly owns the Lehman Brothers trademarks from their purchase of LBI. Do you think a merge with Barclays is in the cards? All those NOLs are valuable for an international deep state bank like Barclays.
OPEN
$11.29
DAY RANGE
11.14 - 11.33
52 WEEK RANGE
5.39 - 11.40
MARKET CAP
$46.57B
SHARES OUTSTANDING
4.2B
$50B+ NOLs would fit nicely in here...
yeah it's been a long while...
I was communicating with her offline about 5+ years ago. We were chatting about me buying some commons from her, though it would have been by private contract and not a transfer or sale (since all are locked up). Anyways we never did finish that thought...though I was serious about it. I just wanted to round up my common holdings to a cool million. I'll just have to be satisfied with what I do have. I'm happy with $1.00 for commons, jumping for joy @ $5.00, doing backflips @ $10.00! Could we see more? So what's it going to be Joisey Boy?
Cheers
Is our wonderful and beautiful Miss Daisy “heavy weight” enough? I thought I had a fist full of commons…she’s got 10X more than me!
Cheers!
Yep you have been saying it for 10 long years, but I must say this current explanation you just provided was the best constructed phrase on the matter.
Very nice Toogood!
Nice job Swiss!
Just a couple of thoughts for the day…
Recall LBHI and the Repo 105 issue back in 2008. LBHI was using repo 105 with LBIE to the tune of $50B.
I wonder if that $50B is why LBHI has at minimum $50B in NOL. I do not believe LBIE ever returned the $50B that was caught up in the Repo 105 no mans land at the time of bankruptcy.
I also wonder if that $50B Repo 105 money was used to repay all UK debts and even come out of bankruptcy with a UK surplus.
Cheers!
https://blockworks.co/blockfi-to-launch-new-product-suite-with-private-firm-neuberger-berman/
See…it’s happening. Next up at bat is LBHI as a Crypto BHC. Why would they restart as a fiat Fed bank again. The entire global monetary system will be on the Bitcoin standard in a few years. LBHI will rise from the ashes and stick a boot up JPM arse!
I'm loving the energy of this board!
Git r' Done
you're on fire these days!
excellent stuff Swiss!
That’s one to watch for sure!
Way to go Cotton…
You’re like a blue tick hound…always sniffing out something! Git’em Blue
Lehman Bros Cryptocurrency Banc…
WOW! Way to go Swiss! It’s 3:30am for me here in NC…not sure what made me look at IHUb. Glad I did!
Cheers to you sir!
Keep’em coming Toogoodfella!
A day without Toogoodfella knowledge of this LBHI bankruptcy is like a day without sunshine. You’ve been very consistent for a decade and this board appreciates your very smart contribution!
Git’em Blue!