Replies to post #85911 on Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

Re:. The sponsor is buying claims against the estate of LBHI. That sponsor as the new owner of the claims will receive payment from the liquidation of remaining assets.
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Liquidation of remaining asset correct!! And the price now will be more affordable because the buyer of claim paid it in cents.

Common sense Joe.. paying them in cents eliminates the claim and therefore no COD. Is that hard to understand???

[toogoodfella]

Re: Basically, just a "bigger" creditor buying claims from the smaller creditor that wants to move on.
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They will buy it in cents for a profit Joe,, THEN LEHMAN CAN BUY IT BACK to reduce liabilities.

Also, HOW DO YOU KNOW IF ALL BUYERS ARE BIG INVESTORS IF ITS OPEN TO PUBLIC BIDDINGS??!!!

Don’t ignore the question Joe, I CHALLENGE YOU TO ANSWER.

ANSWER IT!!