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Re: lucmariepierre post# 163

Sunday, 11/08/2009 8:40:39 PM

Sunday, November 08, 2009 8:40:39 PM

Post# of 234
Not a BK expert just try to psot the facts and let people make their own conclusions.

There are far too many questions currently that the markets are wrestling with. Alot of it has to do with the tremendous amount of derivatives and other contracts. Also how does the reconciliation take place with the intercompany recievables and borrowings owed by entities to LBHI. That alone is estimated to be 100B to LBHI according to Mr. Marsal in the July Creditors Meeting ($50B of each).

Also, I believe that the liquidity being offered by Second Market and others for the buying and selling of Lehman Claims is taking funds away from interest in the bonds until more concrete information is available.

Coach T

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