Found the LBT Balance Sheet.
They are likely all sweep accounts. I thought I saw somewhere that when they filed bankruptcy, all asset balances "migrated" to LBHI, a significant amount of claims in LBHI, leaving LBT without any ability to perform and a fired Board. They are also a "Non-Debtor," just a Treasury Ops administrator, apparently.
So, what are they going to sell? Claims from a hold in bankruptcy? Where are the assets that show the ability to pay?
LEHMAN BROTHERS TREASURY CO BV
BALANCES AS AT 7th OCTOBER 2008 DRAFT UNAUDITED
BALANCE SHEET
Cash 70.613
Tax Prepaid 722.967
Intercompany Receivable
Lehman Brothers Holdings Inc 32.651.954.362
Lehman Brothers Holdings Inc (UK Branch) 70.364.928
Lehman Brothers Asia Holdings 21.839
Lehman Brothers Special Finance Inc 445.419
Lehman Brothers International Europe 341.724 32.723.128.272
Intercompany Derivative Receivable/Payable
LEHMAN BROTHERS COMMERCIAL CORPORATION ASIA 145.092
LEHMAN BROS SPECIAL FINANCE INC 232.308.511
LEHMAN BROTHERS COMMODITY SERVICES (121.214)
LEHMAN BROTHERS FIN NED ANTILLES (238.702)
LEHMAN BROTHERS FINANCE SA (34.578.107)
LEHMAN BROTHERS HLDINGS INC BRANCH (30.760)
LEHMAN BROTHERS INTERNATIONAL EUROPE 318.440 197.803.260
Intercompany Payable
Lehman Brothers Inc (449.395)
Lehman Brothers Limited (3.299.387)
Lehman Brothers Europe Limited (814.607)
Lehman Brothers Bankhaus AG (281.710)
Lehman Brothers Holdings PLC 0
Lehman Brothers Finance Japan (29.725) (4.874.826)
Intercompany Derivative Payable 0
Bank Overdraft (481.259)
Other Creditors (92.588.320)
FAS adjustments timing difference
Debt (32.604.207.177)
Credit Spread adjustment- US GAAP
Interest on Issued Debt (119.271.766)
Net Assets 100.301.765
Shareholders Funds
Capital (2.545.054)
Prior Year Reserves (77.412.272)
2008 Retained earnings - ex Credit Spread adjustment (20.344.439)
Credit Spread adjustment- US GAAP
(100.301.764)
0
Dutch GAAP
$
The information on this page is provided to you on an "as is" and "as available" basis and may contain errors or omission. To the fullest extent permitted by law, the Bankruptcy Trustee does not provide or
make any warranty or representation of any kind, whether express or implied in respect of the Financial Information, its accurateness or completeness. The Financial Information cannot in any way be relied
upon to calculate any possible claim that you may have against LBT's estate (boedel). A general disclaimer containing, amongst other things, an exclusion of any liability of the Bankruptcy Trustee for
any damage as a result of (the use of) the Financial Information is applicable. Please consult the entire disclaimer at www.lehmanbrotherstreasury.com/fd.html.
