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Sunday, 03/07/2010 4:41:46 PM

Sunday, March 07, 2010 4:41:46 PM

Post# of 10366
Lehman Brothers Liquidators KPMG

"To date the realisation of some USD $270M from the China Real Estate Portfolio represents a recovery of 94% of the portfolio's Septenber 2008 book value, generating significant value for Lehman Brothers Commercial Corporation of Asia's creditors!"
That is 94%...in case you missed it.

Great press release on the LBCCA liquiidators website.

http://www.kpmg.com.cn/en/about/KPMG_news/Lehman_updates/Updates_20100304.html?TopMenuOn=4&LeftMenuOn=5&NoChinese=1

Kind of sounds the like the Perfect Storm coming...

Enjoy the Ride!

Coach T

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