Lehman Brothers Financial SA (LEHNQ)

[daisyxu]

i personally feel

that assets have been and will continue to be deliberately undervalued for the purpose of thwarting dubious claims that haven't been put to rest.

i would be shocked to see an upward adjustment to assets before disputed claimed are closed out in full.

lehman using best practice of holding up sign that says "go away... there's no money here" --- lol

imo, the next three to five years is about closing out litigation and burying all remaining disputed claims. heck, who really thinks it takes 3+ years to liquidate 200b of assets, including receivables and real property, to generate 65b? they could arrange a fire sale and do this in six months if they wanted to and call it a day, imo.

the three to five years is about playing possum... once the would-be predators lose interest (or lose in court) and start walking away, our little "lehman" marsupial will jump up and flip a birdie in the direction of the retreating canivore. i suspect lehman's "rebirth" with be in the form of an ipo.

here's to dreaming! :)