Replies to post #99480 on Lehman Brothers Financial SA (LEHNQ)

[VivaLasVegas]

After 13+ years we are all Total Head Cases

[SwissCheeseAccount]

I scribbled out the other numbers. Those numbers just represent all the distributions made to date.

Look at the total case amount. That means all the payments made to third parties will be finished.

[SwissCheeseAccount]

The total case number is the amount LBHI will have distributed to end the case. At the time of that being written Lehman had $1.1 bil. We believe the $1.1bil included the ECAPS money. Once the ECAPS litigations started, the amount reduced to $430m, which leads us to believe it was reduced to $430m because of ECAPS ruling. Estimated Total case amount is $96.9 to third party unsecured creditors. They only have $430m to distribute according to the balance sheet when they were supposed to have $1.1 bil to distribute. Which is why we believe this coming distribution will be the last.

Unless they just want to be annoying and stretch this whole thing out even more