Replies to post #74109 on Lehman Brothers Financial SA (LEHNQ)

[Docsavag]

I do not believe that a company is permitted to simply buy Lehman for its NOLs; rather, a reconstituted Lehman would have to purchase a firm in a related industry and then utilize those NOLs to offset future income. WaMu is in a similar situation.

[the_doctor]

And Berkshire said No to the Billions of NOLs.