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sidedraft

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sidedraft

Re: RICK C post# 490

Saturday, 10/23/2010 10:19:38 PM

Saturday, October 23, 2010 10:19:38 PM

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I don't know which bonds are being referred to.

But whatever they are, they went from 16¢ one year ago, to 23 1/4¢ now.

Lehman keeps winning and grabbing millions and billions as time goes on. All that does is improve the C/Ts percent of recovery.

I don't know the specifics of what controls the unsecured creditors possible payout, but Lehman is looking better and better. Especially since Marsal is paid a bonus based on what recovery he gets for unsecured creditors.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aIEQ6bI27eR4

http://www.businessweek.com/news/2010-01-13/lehman-liquidator-breaks-tradition-by-making-investment-bets.html

Step aside son, you're blockin' the MOMO! ... .. Disproving absence of evidence should be easy, show the evidence of.

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