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JERSEYHAWG

10/09/19 3:28 PM

#85893 RE: zulual #85892

Zu, Imho its a "who knows".

Anything can happen. We have all here guessed every possible scenario.

Sure will be jnteresting when this ends and we see whose guess was closest as to what happens.

Its been so long, I am worn out from waiting.

EDIT:

PLUH S, we still have Rex Wu and Rickey Gregorys case going on to. I forgot about that.

stockmojo9

10/09/19 3:29 PM

#85894 RE: zulual #85892

zoo,

How much will the new buyer pay?

What exactly will they buy? Have they been buying the claims down like the Judge & Trustee prefer?

How will they compliment the subsidiaries, many of whom have shut their doors?

How much will they credit the remaining Debt claims? Creditor claims?

Did you see my earlier questions on establishing a new Broker-Dealer? What is the incentive?

JPM wanted out of their Broker-Dealer finance facility the way the guarantees were structured; I doubt they want to start it up again with all the overlap from their IB unit.

It is hard for a new entity to get involved and get control without spending billions for Lehman before discharge. They'll likely be in protracted Court settlements if they do.

After discharge, all remaining claims could be consolidated in a new issue.

Why would anyone want to get control of it before then? Including BNYM?

After the claims sale, the hair will be trimmed. After discharge, the hair will be off.

mojo