Lehman Brothers Financial SA (LEHNQ)

[SwissCheeseAccount]

JOVI thank you. I have been saying this as well. They don't have to report every penny they have and or have made in the past 10 years. Lehman still operates as an investment bank meaning they still hold stakes in various companies and still invest their money. If they reported every cent they made it wouldnt be fair. example the RMBS settlement for 11.2 bll that was settled for 2.4. If Lehmans balance sheet had a strong position then imo the whole claim would have to have been allowed. Too avoid this they keep the balance sheet nice and small, the goal is fair treatment for ALL creditors. Lehman states this repeatedly.

Like i said before, if you file for bankruptcy and you agree to pay a set amount of money back, you are not doing anything wrong if you have an excessive amount of funds and are only paying back the amount you agreed too. Just because you have the funds doesn't mean it goes all too creditors at once. Lehman is still being winded down, their are a lot of cases they have to resolve and operating cost still has to be maintained.


has anyone ever arranged a payment plan and you have been faithfully making the payment for the said amount but somehow they figure out you should be able to pay back more so they try to enforce it and take you to court? just asking. A deal is a deal.