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Ya that’s what you missed to and what I highlighted in my previous post. Thanks for the copy, modify and paste
More than 300B was paid Lehman Customers shortly after the filing (outside the POR) as I recall
I have to disagree with only On this one
Only then you would see that the "appropriate guarantee" box was not checked (no matter what type of guarantee it is)
The only thing need to be “checked” is your eyeglasses
Did you see the claim? Did you see the guarantee box there?
Maybe, just maybe it would have made a difference as a starting point. But if you ( the trustee) did not do it for yourself, why would anyone do it for you?
He wants to buy some
Thanks for the clarification. This bankruptcy is a mind blowing
Thanks Cotton.
"In this newly created role"!!! Wow ... just now?? At almost the very end of this bankruptcy ?? I can see the reorganization. Can you guys?
Why else would they force 2 "profitable" companies into bankruptcy
JOVI that's why they were put into bankruptcy lately, for the money to go to LBHI. I think they were to generate 0.5B . Maybe it is the New Omaha investment that generated the additional money. As usual, we get nothing
Let's be fair here. The yacht and boat are from his 2nd Million LOL
All this and Private isle for 1 million. LOL. The house I am staying in is worth more than 1.5 million (and I thought we are poor LOL)
Sorry maybe I am confused but why is it showing under Lehman Brothers UK holding Lmt under Google search?
The ticker LEHKQ is for a CT no?
Oh I did not know that !!!
Lehman Brothers U.K. Holdings Ltd https://g.co/kgs/Dyttfm
If there was a source we would have been millionaires by now. Lol
Stay safe all
What did Barclays buy anyways?? LOL
How could it be "our own corporation" and GE has 58% of it
"If I owe you twenty dollars but my money to pay you is only ten dollars and I'm protected by the bk law, you cannot be more than satisfied if I give you all the ten dollars I have."
Yes that's what I saying
CORRECTION
just because a cridetor was satisfied in full, that does not mean they can not sue LBHI for other disputes ( but of course they can not for the claim that was satisfied in full).
http://www.investopedia.com/terms/s/satisfaction-and-release.asp-0
Not in bankruptcy but valid for all cases. I don't know why is it a big discussion here?
Satisfied means always paying back less money than the original debt based on judgement or settlement.
POR was the settlement and debt is satisfied when paid the allowed claim amount ( it can be the full debt amount for some senior creditors especially customers where the allowed value was the original debt value).
Just because a cridetor was satisfied means they can not sue LBHI for other disputes ( but of course they can not for the claim that was satisfied in full).
Thanks cotton. Why don't you write to them and ask them to clarify: affiliates, settled matters and unaffected matters ?
And maybe They will get First Present LOL
Good to know, coz I almost got a heart attack LOL
So u got your P for 100M? And now ur getting 1.3M??
That's what really hapenned (or at least 90%)
Margin Call. Very nice movie
What is this Shareholder's Equity number??
They got some 900M from JPM few weeks ago. Will this be part of this distribution or the 12th?
Dodd-Frank say hi by the way.LOL
Capital loss AKA buy high sell low. LOL
This is for class 6B and it was there from day one
250 $ drop is scary??? Wow
Silence broken
JW you are speaking apples and he is speaking Oranges. LoL
Was it again you this morning dine?? Lol
Maybe because of Verizon?? LOL