Lehman Brothers Financial SA (LEHNQ): Possible a director or officer of the c...

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Re: goodietime post# 107547

Friday, 08/18/2023 5:44:38 PM

Friday, August 18, 2023 5:44:38 PM

Possible a director or officer of the corporation, they may be personally liable for the corporation's debts. BUt thats very iffy. It wiuld have to be based on actual fraud. I maybe wrong. IMO Sure a lot of Easy lending prior to 2008. But fraud never been proven. By any lending Institution. IMO
Yes, it is possible that people have lost money by not being able to use them as a write off for 15 years. This is because the Internal Revenue Service (IRS) has a statute of limitations on tax deductions. This means that you can only claim a deduction for a loss or expense if it occurred within the past 7 years.But don't Quote me JMO I just asked my law buddy.

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