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Re: toogoodfella post# 70741

Thursday, 01/05/2017 1:08:46 PM

Thursday, January 05, 2017 1:08:46 PM

Post# of 111164
Assets as per SOFA 638B and liabilities 617B as of Sept 14 unaudited report.
During claims process, liabilities came down to around 272B.Filed claims were around 1.2Trillion, ie 1200B.These were mostly duplicate claims filed by subsidiaries.
LAMCO is participating in the claims process as well along with LAM business.
The assets should be atleast more than 200B even after significantly sold some assets during these 5 to 6 years.AJMO.