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Re: littledevils90210 post# 23485

Saturday, 05/11/2013 6:57:16 PM

Saturday, May 11, 2013 6:57:16 PM

Post# of 111131
Dergooberztraminer,

I hope the Estate and Alvarez et al are securing their 5% of each CT at these prices, if they haven't already done so.

That's a $60M "no brainer" and they don't have to tell anyone.

I don't think Lehman is a GM BK. They have a chance to be better. First, the Judge can deal with agency problems of the Officers, there aren't a lot of Union issues nor are there a lot of products Lehman couldn't sell that created excess inventory and an over-capacity problem in hard assets among few buyers.

The crime of the Lehman BK is not keeping the assets together. Whether the debt problem was because of low asset valuations in a declining market or the finance structure, Lehman had a lot of excellent assets and a reputation as a Top 4 Bank.

So, I'm hoping the LAMCO structure eminating from BK heretofore, Dergooberness, will be enough to position them very well in the market and service it well.