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Wednesday, 04/17/2024 12:42:10 AM

Wednesday, April 17, 2024 12:42:10 AM

Post# of 110982
Just reading thru latest LBH PLC PwC UK 6 month report. Figured I'd share my favorite finding so far (sorry if already shared here):


Good to see Quinn Emmanuel LP not giving up on the CDS fiasco with AGFP's valuation calculations being absurd and another $465 million to $7 billion in possible clawback/recovery for the violation of the 1992 ISDA contract those swaps were bought under by LBHI thru 2008.

[from Page 4]
Src: https://www.pwc.co.uk/business-recovery/administrations/lehman/lbie-31st-progress-report.pdf
Bullish
Bullish