Lehman Brothers Financial SA (LEHNQ)

[Joe Stocks]

Here is what Lehman just wrote in their quarterly report. I don't see how anyone can read this and still think the NOLs will not be used by the discharge of debt.

In January 2020, the Company received a
supplemental IRS ruling extending the original ruling
relating to the Company’s liquidation. All remaining
Debtor NOLs not previously utilized to absorb
taxable income of the LBHI Tax Group are expected
to be fully utilized to offset income resulting from the
discharge of debt on the final date of liquidation of
LBHI