Replies to post #100074 on Lehman Brothers Financial SA (LEHNQ)

[Jimzin]

I can't recall exactly what I so brilliantly wrote before either, but I do recall saying the liquidating trust plan acts like a separate organization from LBHI. It's where all the action takes place to liquidate assets, but it does not liquidate LBHI. The liquidating trust is something the IRS grants permission to do and it dissolves itself once everything is liquidated, but the company (LBHI in our case) remains.
That's my take on the situation...but what the hell do I know. I still think LBHI will become a crypto bank!

Cheers Cheezy!