Replies to post #84276 on Lehman Brothers Financial SA (LEHNQ)

[Joe Stocks]

>>>Legalese.
I don't know what it means or why it is contained in the prospectus.
I'm not sure but it seems fraudulent to me.<<<

LOL! That gave me a chuckle. Being a businessman those pesky legalese things have been a hindrance my whole life.

>>Then why would they be Class 10B? Why not behind Common at Class 12? <<

Class 12 is equity. Class 10B is junior subordinated debt.

>>By the way, LBHI is one of 5 entities remaining in BK so you're wrong there, too.<<

No. Lehman did exit BK. The Modified Plan of liquidation order the liquidation and wind down of all units. The units that are no longer being reported have been wound down to nothing and are now closed. The five that remain will eventually do the same. Lehman exited bankruptcy basically with an order liquidate and wind down to go out of business.

https://www.npr.org/2012/03/07/148113603/lehman-exits-chapter-11-to-pay-creditors

https://www.mhlawyers.com/news/lehman-exit-vindicates-ch-11-process-experts-say

[Joe Stocks]

>>I don't know what to tell you when you are so disingenuous and false. <<

Nothing that I have written is disingenuous and false. If fact, the price per share of the CTs indicates in itself that everything I say the market agrees with. I said Lehman exited bankruptcy. If I give you links where the top financial publications also print the Lehman exited Bk, how can you say I am posting false information?

Mojo, You do not understand the BK process. I do. Exiting BK means that Lehman exited bankruptcy and no longer has court protection. The debts have been adjudicated and a plan is put in place to move ahead. In Lehman's case that plan is to liquidate all assets and close up shop. The pre-bk debts have been cancelled and replaced with claims against the estate.

https://www.fnlondon.com/articles/lehman-brothers-exits-chapter-11-20120307

I challenge any one here to post something that I said is false.

Disingenuous? Hmm...not candid or sincere, typically by pretending that one knows less about something than one really does.

That surely doesn't sound like me.

Oh, don't believe all these people that say they have me blocked. Most that say, don't.