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Re: littledevils90210 post# 24701

Tuesday, 06/04/2013 3:18:11 PM

Tuesday, June 04, 2013 3:18:11 PM

Post# of 111126
mik-lachevsy & devils der gooberman,

You are correct that the Lehman Brothers is a Chp 11 which allows for the re-organization and Lamco legacy as it provides for the selling of assets.

The Lehman Broker-Dealer subsidiary has always been a Chp 7 Liquidation as it was liquidated to be sold to Barclays.

So, this has been a confusing story to read about if not write about for the press.

der goober mojo