Lehman Brothers Financial SA (LEHNQ): here is what we are reading and believe...

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Greta Grabo

Re: 4starman post# 47914

Friday, 09/05/2014 11:26:07 AM

Friday, September 05, 2014 11:26:07 AM

here is what we are reading and believe is our payments

Lehman Brothers Inc. Trustee Sets Distribution Fund of $4.6 Billion for Unsecured General Creditors

http://news.yahoo.com/lehman-brothers-inc-trustee-sets-distribution-fund-4-113100238.html

"This first interim distribution to unsecured general creditors totaling billions of dollars is a milestone in administering and winding down the LBI estate," Giddens said. "That such a distribution is even possible represents an extraordinary achievement that was far from certain when the liquidation began. We expect additional distributions to unsecured general creditors, while maintaining appropriate reserves and protecting claimants' interests and due process rights."

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