Lehman Brothers Financial SA (LEHNQ)

[GreatFinancialCosplay08]

You were right until you left out the historical part that I know for fact Fuld was buying up and securitizing until the very end days. He was buying CRE with income using leverage - Luxury Hotels across the world, Luxury Office Skyscrapers, Luxury Property from Phuket Thailand, Properties in Florida, Paris, One was a skyscraper that in Summer 2008 they didn't know if he securitized it in time. There are A LOT - places in very nice worldwide vacation destinations, Caymans, US - and they were all incorporated with names that sort of hint what they area - they are listed on an exempt list from the CH 11 as their companies. Those companies own the properties and they are written as the sub debentures that go into the property trustee accounts. They come with management and staff that are taking care of operations as I have seen no collection lawsuits or whatever but any of those fees LBHI said they would pay to keep the Chase Manhattan Bank, N.A. property trustee account manager able to be paid throughout the maturity date of these 50 year or so DST issued then swapped with its commons worth 3% of the total TPS to LBHI. Then LBHI sent to various underwriters to sell to accredited investors. So they are actually CRE properties collecting up rents, hotels revenues, etc BC a DST is a ownership in a luxury CRE property that you receive the rent from and own a piece of a big luxury property so I believe Fuld's securitized these obvious real estate named companies worldwide and they remain collecting all the cash distributions owed since Q3 2008 suspension and it'll be easy to pay after 17 years direct to your account your assets are in. Also the value of the account will be what was earned / shares plus the current appraisal value of the properties. The long duration note and the distribution only for accredited investors means these once we very valued bc the properties in the trust were as described luxury offices, luxury cre, luxury hotels. leases rentals vacations etc.

I know Fuld was using the leverage to buy CRE and securitize it and I found these EXEMPT_ENTITIES Sep 17, 2009 list. Some may be leased - but I am willing to bet when you go up to 641B Assets and securitize them as sub debentures then you're make CRE securities that the property trustee accounts at Chase are more than happy to service for the last 17 years. Like I said these are corporate names, somewhat vague but under them is likely the property across the world.
https://drive.google.com/file/d/1z5EI_y82p5Ku2hMrz9kEDnm98PSjOOit/view?usp=sharing