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Saturday, September 09, 2017 8:52:50 AM
stockjock
a swag
MBS/RMBS/Commerical MBS are the key to Lehman
here in USA or in Europe
remember lehm repackage MBS they did not do the original
underwriting
this is important since most litigation now is focus on "who made the original decision on credit worthiness"
they did not.
they also held an equity position in these projects at least
>15 %
mbs have perform well
the litigation with citi is "How much Citi owes Lehm for misrepresentation"
the "TRI" lehman wamu fnma will have a good deal of cash
sitting somewhere in plain sight
LBIE in my opinion will be cash pos to us by the end of the year
edbk46
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