Lehman Brothers Financial SA (LEHNQ)

[highwaymap]

Look Swiss, dont take out your frustrations on me. You can choose to believe in your 55 BILLION NOL pipe dream. Everyone who understands the basics of this BK knows you are dead wrong because LBHI stated specifically that they will take a discharge and use the NOLs to offset income. That is the best use of the NOLs given they only have 5 years left before they expire. Let me be frank, with NOLs with 5 years left and looming recession, the max value for the NOLs is to use to offset income. There you have it. I just laid out for you the NOL reality.

Now then pivot to your debt to equity fantasy. Wait, that also hinges on the expiring NOLs to anchor your 55 billion dollar new company and a hail mary prayer that LBHI dont take a discharge. Also, you just outright ignore the liability subject to compromise. Wait, lets all try to wish that away too and wish and talk like our guarantee still exist.

What else do you got swiss? Tell us all your other pipe dream fantasies.

I am just going to support the 4Ws and hope they win in court.
Why? Because they are all we got left and the 4Ws are what is left that keeps all of us from a 100% total loss and a trip down discharge lane and into the garbage can once the bk ends.

I will just give the floor back to you and toogood where you both can spill your misinformation and fantasies about a NOL company and nonsense debt to equity scenario.

Better yet, stick to ECAPS which holds inferior contract term which relies on the Guarantee anyways which is expunged. Oh wait, my mistake you think the guarantee still exist because you cant face reality. So, carry on. ECAPS! Whats new?