Lehman Brothers Financial SA (LEHNQ)

[Joe Stocks]

>>TWISTING THE FACTs <<

Give me an example where I twisted the facts.

You posted an excerpt that reports a motion to protect and secure the NOLs. It is obvious that the NOLs have value to the estate to maximize recovery for the creditors. Once the creditors are paid in full, equity may use them. That was written in 2010, before all was known about the potential total value of the assets and the recovery estimated for the creditor which was disclosed in the disclosure statement filed August 31, 2011 (10 years ago tomorrow!) Looking at the most latest balance sheet we can see there will be shortfall of recovery by about $130 bil as I recall.

Did I twist the facts of any of that?

I also posted excepts from the disclosure statement addressing cancellation of debt income. And that it is noted that NOLs will be used to offset that income.

Did I twist anything there?

The last balance sheet as many before state that it is expected that all NOLs will be fully utilized...

Twisting again? Lehman's words not mine. Someone early had an issue with the word "expected" being used instead "will be". Really? Am I twisting by suggesting that all the NOLs will be utilized because Lehman themselves said they expected to do so?