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Re: mik1 post# 29814

Thursday, 08/08/2013 6:24:31 PM

Thursday, August 08, 2013 6:24:31 PM

Post# of 111165
mik lachevsky:

"...so where do you read "most recovery"?"

The schedule of claims provided by the Estate and signed off by the Court plans for the repayment of claims from 9% to 100%.

Many of the claims paid are assumed to go towards principle for settlement.

However, many articles have been written that state claims are to be re-paid in full.

As an individual investor without inside information, I'm not able to say or accurately estimate how much of the remaining debt should be re-structured for CTs to be re-affirmed and re-instated or for a port-BK Lehman entity to emerge.

With my background in M&A and Finance, I can only hypothesize as to what the Estate, Managers and Courts are trying to do with the Claims Subject to Compromise which is $314B+ as of this posting.

Good luck.


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