Replies to post #83902 on Lehman Brothers Financial SA (LEHNQ)

[dnello]

As I recall LBI is a sub of LBHI. LBI had subs as well like derivative, financial and other special finance entities.

[SwissCheeseAccount]

Jersey,

I will brush up on the DD with the actual factuals when i get a chance. but i do remember a bit of how this was structured. it was something like:


LBIE is subsidary of Lbi, LBIE owes LBI money, LBHI is a creditor of LBI.


im not 100% sure of if thats the structure but i am 100% sure that it is structured something like that.

someone on the board can probably chime in and help out, but if not I'll just re look into it later.


but basicallly LBI, and LBIE owe LBHI money because LBHI is one of the creditors for them.

[scoreoneortwo]

Jersey,I cannot imagine that they did not coordinated this with LBHI and could give us an insight how they are thinkinhg but this applies to this particular case from my rereading.

[scoreoneortwo]

Jersey,I cannot imagine that they did not coordinated this with LBHI and could give us an insight how they are thinkinhg but this applies to this particular case from my rereading.

We are getting closer to the end.