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Monday, April 22, 2024 5:52:46 AM
This is not how it all works. Quite frankly you're just like any one else - Lehman Brothers is a tricky ass undwind to understand.
When it comes to our assets, all of the things cotton is reporting concerning PwC UK JA reports are most certainly tied to the CH 11 of LBHI and you could know that just from realizing LBHI is being paid out in the Tier X and Tier Y LBH PLC distributions.
What it is - is one big thing, eventually consolidated back to LBHI and there are quite possibly a Repo 105 or two tx that are "off the books" but will appear in sums of 50B or more $ in an Agency MBS or even a US Treasury bond(S).
Please just read the Examiner report I linked to. You don't understand the way LBHI did it's accounting and how it plays a role but how its UK Administration and LBIE v AGFP legal battle are also critical in the current LBHI frozen CH 11 state. Please just stop claiming cotton is wrong. Those PwC UK progress reports are immensely important for your Trust PFD Shares we all hold.
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