Lehman Brothers Financial SA (LEHNQ)

[rlinterests]

The lawyers for the creditors committee sum up your letters as no opposition of the settlement.

Why should we oppose? I'm happy as h*ll that the $7.1 billion in collateral money, plus interest over 7 1/2 years, is in JPM hands with no restrictions.

I'm really happy they don't oppose either. The boys at LBHI and the creditors committee got their butt kicked on this one. As they always do when they go up against another financial institution.

And finally, please do not explain how the $7.1, plus interst, that JPM holds, is the property of the Creditors Committee, and, they will decide where it goes.

The CC is out. The POR is out. The balance sheet is out.

As always, JMHO.