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Re: rlinterests post# 29479

Wednesday, 08/07/2013 3:06:26 PM

Wednesday, August 07, 2013 3:06:26 PM

Post# of 111165
Some on the Board have suggested there could be upwards of $10B+ of CMBs that are off-balance sheet.

This means they are still under management but as "synthetics" are not typically listed as assets on the balance sheet but income on the income statement.

Lehman is a high quality IB and I wouldn't underestimate the accounting measures they would take to protect themseves from the Debtors.

"We should measure welfare's success by how many leave welfare, not by how many are added." - Ronald Reagan