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Re: SwissCheeseAccount post# 88662

Tuesday, 06/09/2020 11:31:02 AM

Tuesday, June 09, 2020 11:31:02 AM

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I am not sure about Lehman but, there are off balance sheet assets with WaMu and Bear Stearns. Bear Stearns updated their balance sheet near the end. The reason was that they were not able to put a price on those assets at the start of the bk. I guess at the end they were able to. I am always perplexed on why couldn't they value the assets anytime leading to the end?
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