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Enterprising Investor

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Re: Olmsted post# 202

Wednesday, 09/24/2014 10:46:54 PM

Wednesday, September 24, 2014 10:46:54 PM

Post# of 386
I am wrong.

If you look at the income statement,, Other Non-Operating Income has a footnote:

(4) Accumulated total includes settlement with Goldman, Sachs & Co. related to margin calls and liquidation of collateral...


If true, it would not only be underwhelming but also sad.

The Court granted the Motion for the Liberty Mutual Settlement on 8/27/13, but Liberty Mutual returned collateral on 7/02/14.

The wire was received on 8/13/14.

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International

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