Replies to post #103221 on Lehman Brothers Financial SA (LEHNQ)

[AZCowboy]

~ ADDED; TooGood, I'm Considering The Differences Between LBHI as a holding company as well as WMI's, Both LBHI and WMI's Plans Were Approved, ~

The WMIHC' "newco" Began To Function, AND THEN, The Creditors Were Paid Over Many Years'

The LBHI (potential newco' yet to be realized) Has Already Had It's Plan Approved, HOWEVER', The Creditors Are Being Addressed PRIOR TO' The Actual Implementation Of It's Reorganizational newco'

... I Believe The Signed Court Order Allowing For The Document Destruction, and the Trustee Issues ... Were A Very, Very Big Deal'

AZ

[toogoodfella]

RE: Operational Cash The Reorganized "Shell" Would Come from…,,

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ASSUMPTION ONLY FROM OUR SIDE BASED ON MANY SIGNS OR CLUES.

1. We are assuming LBHI will continue to exist because there is about 50B NOL.
2. A sell back is required in order to protect the NOL from COD income.
3. We are assuming LBHI 31B claim against itself is the sell back. That can be used as a capital for the going concern.

4. WE ARE ALL HOPING THIS ASSUMPTION IS CORRECT.