Lehman Brothers Financial SA (LEHNQ)

[stockmojo9]

Yes, jersey!

I'm trying to get to the end of this thing, too.

There have been many misleading statements.

Furthermore, I continue to hope the NOLs will be an asset to re-incorporate with or provide the incentive for a purchaser to take over the Lehman remains.

Now that the RMBS settlement has mitigated downside risk in the mortgage program we might find the answers to our questions sooner than later.

The decision to invest in the CTs at such a low price is easy mathematically; just add the face value with the cumulative payments and penalties over the years and, when they survive the BK, there isn't a portfolio under management that wouldn't benefit from this type of wealth management creation.

However, the schedule of this process seems to "tread on the turf of all the remaining CT shareholders" and it isn't clear to me why this is, if it is legal or even moral, and it is exhausting.

B. Marsal said it was to be finished within 2 years of the 2008 filing and it isn't.

Barclays said they'd assume billions in retirement accounts, they didn't.

Breach after breach while the assets have been liquidated in a subsidiary Chp 7 and cherry picked for management in "winning" firms that get 0% interest funds from the FED.

The recent LP IV & LP V issues are interesting but how will they be administered?

Where is this going? What are we doing it for? Who needs it?

mojo