Lehman Brothers Financial SA (LEHNQ)

[cottonisking]

The Lehman Brothers Equity Plan Trust may turn out better than a government bailout for Lehman's shareholders!

Trump taught me this, "We will see!"

JPMCB's super lawyer, taught me this, "read it again!"

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Exaction | Definition of Exaction by Merriam-Webster
https://www.merriam-webster.com/dictionary/exaction - Cached
Definition of exaction. 1 a :the act or process of exacting. b :extortion. 2 :something exacted; especially :a fee, reward, or contribution demanded or levied with severity or injustice.


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"AIG was rescued in September 2008 after running up huge losses from insurance on shoddy mortgage securities.

Starr said the government harmed shareholders through an unconstitutional “exaction,” by taking a 79.9 percent stake in the stricken insurer in exchange for a high-interest $85 billion loan from the Federal Reserve Bank of New York."


http://www.insurancejournal.com/news/national/2017/05/10/450449.htm

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"Law360, New York (October 20, 2017, 9:19 PM EDT) -- The company led by former American International Group Inc. CEO Maurice "Hank" Greenberg urged the U.S. Supreme Court to review an appeals court’s decision that found the firm lacked standing to pursue claims against the federal government over the 2008 bailout of AIG, saying the decision amounts to an “egregious injustice.”"


https://www.law360.com/articles/976855/greenberg-s-co-asks-high-court-to-hear-aig-bailout-row