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Re: Argus63 post# 73923

Thursday, 07/27/2017 11:26:32 AM

Thursday, July 27, 2017 11:26:32 AM

Post# of 111126
It looks like LBI has an $8B surplus in the UK the Courts are evaluating.

At the same time, the LBHI parent in the US just filed a complicated RMBS Settlement of $2.4B designating proceeds to institutions that receive 0.00%-0.25% FED funds they denied Lehman.

Yet, they let LBHI trade securities for almost 9 years now without re-establishing the trust with the $55B in NOLs that Marsal said would be done 7 years ago?

What is going on?

mojo

“The ideas of debtor and creditor as to what constitutes a good time never coincide," P.G. Wodehouse, Love Among the Chickens