Replies to post #74258 on Lehman Brothers Financial SA (LEHNQ)

[JERSEYHAWG]

white man (lawyers) speak with forked tongue.

being from texas, you must have heard that before.

being you are over 21 i can interpret that saying for you.

"they are BULLSHITTERS" LOL

hane a good weekend cotton, me and the fam are rolling out the door for vacation.

be well all my peeps........

[Argus63]

So about one lawyer per creditor sounds about right. Gotta suck the teat while there's still milk flowing, next they plan to drain the blood from the carcass.

Oh, those darn lawyers, lol. Ever notice how lawyer and liar sound almost identical? The only difference is that a lawyer is a 'professional' liar.

Then these scum become our politicians.

EOR (End of Rant)

GLTA

[stockmojo9]

I think you're trying to address a lot of interesting thoughts with this, cotton.

What about the debtors who were Lehman counter-parties or lawyers, and wound up with assets they've been managing for fees?

I have trouble thinking about how much debt they should be re-paid, if they have a debt claim at all.

Same with A&M.

They confiscated what they wanted and told the equity holders to piss off and charged them re-structuring fees & BK management fees.

Now, what does it mean for them to have Lehman assets going forward?

mojo

[cottonisking]

[Three years - (time to issue LBHI Plan Trust shares and take the new Lehman Brothers public)] = 18 months

****Do not give me worthless paper 15 days before 12/6/2020, when I can have a little cash now! ***


S.E.C. Lets All Firms Keep Parts of I.P.O. Filings Secret
By CHAD BRAY and MATTHEW GOLDSTEIN JUNE 30, 2017


Walter J. Clayton, the chairman of the Securities and Exchange Commission, wants to make it easier for companies to go public. Credit Aaron P. Bernstein/Reuters In an attempt to revitalize the public capital markets, the nation’s top regulator of stocks is turning to stealth mode.

The Securities and Exchange Commission, in Walter J. Clayton’s first major policy move as chairman, is expanding a program that will allow all private companies to keep some details of their finances and business strategies under wraps early in the process of an initial public offering.

Currently, only smaller companies are allowed to confidentially file draft registration statements for review by the agency before offerings. Some well-known companies, like Snap, Twitter and the burger chain Shake Shack have been able to do so, but the threshold of annual gross revenue of $1 billion has barred others.

Beginning July 10, all companies will have access to that program, which originated in the 2012 JOBS Act, the commission said late Thursday. The companies would be required to file their paperwork publicly at least 15 days before any “road show” to meet with potential investors, the commission said.

https://www.nytimes.com/2017/06/30/business/dealbook/sec-to-let-all-companies-file-ipo-documents-secretly.html