InvestorsHub Logo
icon url

toogoodfella

09/07/14 7:27 AM

#48079 RE: ana177223 #48077

European business, has requested the return of $8 billion from the company's US
++++++++++++++++++++++

We can only speculate in this matter because we have no complete knowledge of the whole situation.

IMO, the only affected here will be the creditors because it will reduce the amount of all asset to be prorated.

The latest balance sheet indicates a remaining asset of about 40B after the fifth distribution is completed. There is enough money to return the 8B to the Europeans.
icon url

Joe Stocks

09/07/14 7:39 AM

#48080 RE: ana177223 #48077

>>Lehman Brothers Europe short of $8 billion <<

Here we go again. The story subject is something "Lehman". It must be good for the CTs directly, or indirectly. Now poster after poster will be looking will be looking for the buyer of the European unit.

Unfortunately, this story is 6 years old.

http://online.wsj.com/news/articles/SB122204286442761375