Tuesday, January 21, 2020 10:16:35 PM
Yes, Lehman will have ZERO economic benefit once liquidation is complete. In fact, it has zero economic interest to nobody but creditors right now. Remember, Judge Chapman says "there is no Lehman."
Once liquidation is complete Lehman will have;
No employees
No management
No buildings
No assets
No money
No NOLs
I think there is a possibility that Barclays even owns its name.
That equals ZERO economic benefit to anyone.
Swiss now says I that what I said before contradicts this. I can't imagine me saying such a thing prior to exiting BK back in 2012. Perhaps he can show me where.
Joe Stocks
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