Lehman Brothers Financial SA (LEHNQ)

[marayatano]

First, lets talk about the first ownership change before you get to the second one. I dont see anywhere in the IRC that states you can just disregard the Lehman equity 100%,75%,50%,20%,10% or anything. The snip bit posted does not address that. It frankly does not mean anything. After the first merger or ownership change, OLD LEHMAN EQUITY will be addressed already

I am not sure what youa re trying to point out in IRC 382? If you are saying old equity (one big share) or whatever can be negated, I disagree and nowhere in IRC 382 supports that.

I am out of post. Bummer...go figure..devil

Re-read the BOLD portion of your reply to me.

That is in regards to the first ownership change. As an example: Disregarding equity is the first ownership change. As long as there is no more ownership changes within 2 years, the tax attributes are preserved.

imo