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Re: uhlmant post# 11520

Tuesday, 03/23/2010 9:06:17 PM

Tuesday, March 23, 2010 9:06:17 PM

Post# of 17499
Uhlmant, great job man. Appreciate all of your efforts. We still got plenty of fight left. I communicated with Sterngold, probing into what happens to equity in this BK and how can A/M take 30bil of Lehman assets to Lamco and leave shareholders with nothing. We made a few emails back and forth, the gist of which he said the assets would not be changing hands (to his understanding) and that creditors would not be affected. I opined that equity holders are not considered as creditors. I then asked if they woud do a piece on what will happen to equity holders in this BK case. He stated it was an interesting thought and that he would discuss it with the reporter pricipally focused on Lehman. I asked for follow up when he finds out. Not sure if he meant the thought of a piece on equity was interesting or the fact that equity holders are not creditors. I will let all know when I request and receive follow up. Thanks again for your efforts.
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