Replies to post #96218 on Lehman Brothers Financial SA (LEHNQ)

[SwissCheeseAccount]

LBIE would not have any NOLs because any net operating losses would be generated and reflected on the consolidated operating statement of the holding company

that is not true, NOLS arent accounted for on operating statements or balance sheets. they are left out. that is why LBHI's reports are all unaudited.