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Re: SwissCheeseAccount post# 97152

Friday, 12/10/2021 5:10:11 PM

Friday, December 10, 2021 5:10:11 PM

Post# of 111137

ALL OF WHICH IS OWNED BY BARCLAYS. THEY WOULD HAVE TO CHANGE THEIR NAME IF THEY CONTINUE AS A GOING CONCERN! LBHI THEMSELVES ARE A SUBSIDARY OF BARCLAYS!

LBHI is not a sub or Barclays. No. Barclays only bought the brokerage of Lehman.


3. I am not sure how the NOL scenario plays into LBIE.
Huh??

I do not understand the NOL scenario which you guys are talking they will have assets. Some said from LBIE as I recall.



WHAT ARE WE FIGHTING FOR IF LBHI HAS NO MONEY?????

Lucky for us, we have the 4Ws fighting for us. We as you folks who trash the 4Ws are not fighting for anything but just debating scenarios. And most of your facts and scenario can not happen without the guarantee. Be glad the 4Ws will carry you guys too if they win.


NOT TRASHING!!! we just actually follow the events. ECAP holders filed their motion when the LBIE distributions were over!!! That is when they fought! And mind you ECAPS ARE STILL BEING LITIGATED AND THAT SURPLUS WAS RECONGIZED IN 2014 HERE IS THE LINK!::;

https://www.theguardian.com/business/2014/mar/05/lehman-brothers-administrators-surplus-creditors-paid


ECAPS HAVENT GOTTEN PAID YET!!! IT IS HEDGE FUNDS WHO BOUGHT THEM OUT AT A PREMIUM!!! A HEDGE FUND HAS NOTHING TO DO WITH ANYTHING LEHMAN RELATED THEY SIMPLY BOUGHT IT AS AN INVESTMENT ON THE COURT PROCEEDINGS THAT IS IT!


HIGHWAY, the wise thing to do is orchestrate this EXACTLY how deutsche bank and king street and others did and that is at the end of the distributions. ecap holders did not file anything during the middle of the LBIE bankrutpcy. they would havent ended up exactly how the "4 ws" did i can promise you that.

The bottomline is ECAPs were in the money before they even filed the LBHI lawsuit. The ECAPs route is different than CTs in that the LBHI payout is gravy. ECAPs won. Thats good. Or should I say settled. The only thing for CT holders to follow is the treatment of their guarantee and how that effects us if our guarantee is in effect. And their settlement terms.


Lets say you are 100% correct. for the sake of everything, you are 100% correct on that. that would imply the CT's whole prospectus is not relevant, meaning CT's would have a right to convert to equity since it is now only debt. correct? and if that is the case CT's may recieve the J shares LBHI was trying to give ECAPS. because at that point who else would get them?

If there is no guarantee, why would they give the CTs anything? Its more clean to discharge. I am not following the J shares talk so I do not know how they supposedly play into this. Where would the j shares get its value? Class 10 through 12 will be all discharged. If there is a surviving company, it will go to the senior creditors. If the NOLs are not utilized with the discharge, they can use the NOL exception rule and replace equity with creditors and still keep the NOLs.


All is not lost. Why do you think the 4Ws are fighting this hard if we got the guarantee? We need to abate that 2011 order to disallow and expunge our guarantee. Read the order.

Also get that insurance policy buddy. Its FREE!