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Re: cottonisking post# 74258

Saturday, 08/19/2017 12:46:44 PM

Saturday, August 19, 2017 12:46:44 PM

Post# of 111002
I think you're trying to address a lot of interesting thoughts with this, cotton.

What about the debtors who were Lehman counter-parties or lawyers, and wound up with assets they've been managing for fees?

I have trouble thinking about how much debt they should be re-paid, if they have a debt claim at all.

Same with A&M.

They confiscated what they wanted and told the equity holders to piss off and charged them re-structuring fees & BK management fees.

Now, what does it mean for them to have Lehman assets going forward?

mojo

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