Lehman Brothers Financial SA (LEHNQ)

[stockmojo9]

Aurora Case on Inforuptcy today, June 25, 2pm.

Judge Chapman presiding.

There may be a cycle of activities the Judge is managing to address all concerns and provide decisions for the best solutions.

If Lehman was allowed to manage their business like the other Banks, they would have benefitted from the market up turn from a $7k Dow as well as the real estate market up turn to the new highs across the Country.

That would have been huge for LBHI. Many were jealous.

But, Lehman was not allowed the normal process for whatever reason: Foreclosure rates were high, CDS, JPM/Dimon collateral calls, etc. Then, they gave all the Banks & AIG TARP with the rest of the billions.

Thus, the fire sales, employee terminations and tax adjustments were implemented.

So, here we are, holding shares in a Trust that, by law, qualify the Estate for billions in tax credits approved by the Court and, some say, our shares aren't worth anything. They have to find $50B.

And, the attorneys & Estate want to discredit the Global Guaranty of the LBHI BOD as well as anyone who brings it up.

Lastly, the Estate has been paying for 11 years claims that are not guaranteed payment ahead of the subordinated CTs.

Are we caught up?

Maybe the filings will prove something different. Maybe the Judge is asking for more information from the Estate & Weil.

Get it done.

mojo