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Friday, 02/19/2010 2:34:06 PM

Friday, February 19, 2010 2:34:06 PM

Post# of 17499
LBI SIPA Docket #2676 there is an affidavit about LBI finding $532M for the Woodlands Account. If I read this correctly, this money will go to Woodlands Bank directly form LBI.

Also, if I am not mistaken, both Woodlands and the Fed NY have put in a claim for $500M+ regarding this money. Now it should come dollar for dollar to Woodlands (a non-debtor LBHI controlled entity) and also come off of the claims side.

Just another example of how they keep finding assets for Lehman.


Enjoy the Ride!

Coach T

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