Lehman Brothers Financial SA (LEHNQ)

[BREAKER098]

This is all true. What’s your point?

LAMCO wasn’t formed to hold forever. It was created to:

• Avoid fire sales at the bottom of the market
• Manage complex assets strategically
• Sell them gradually as values improved

Over the last 15+ years, most major assets have been liquidated. LAMCO didn’t sit on a pile of distressed assets forever. It actively managed, sold, and wound down much of the Lehman estate — that’s why over 30 distributions have already been made to creditors, not equity.

Go figure…