Replies to post #104316 on Lehman Brothers Financial SA (LEHNQ)

[Joe Stocks]

"SEC regulation will not allow the disclosure of the future plan to avoid stock market early reactions. "

WTH did you come up with that?!

Here is what the plan administrator is charged with (from the modified plan POR)
"exercise its reasonable business judgment to direct and control the
wind down, liquidation, sale and/or abandoning of the assets of the Debtors and/or
Debtor-Controlled Entities under the Plan and in accordance with applicable law
as necessary to maximize Distributions to holders of Allowed Claims"

And how do you have a going concern with no assets?

(b) If at any time a Liquidating Trustee determines, in reliance upon such
professionals as a Liquidating Trustee may retain, that the expense of administering a
Liquidating Trust so as to make a final Distribution to Liquidating Trust Beneficiaries is likely to
exceed the value of the assets remaining in such Liquidating Trust, such Liquidating Trustee may
apply to the Bankruptcy Court for authority to (i) reserve any amount necessary to dissolve such
Liquidating Trust, (ii) donate any balance to a charitable organization (A) described in section
501(c)(3) of the IRC, (B) exempt from United States federal income tax under section 501(a) of
the IRC, (C) not a “private foundation”, as defined in section 509(a) of the IRC, and (D) that is
unrelated to the Debtors, such Liquidating Trust, and any insider of such Liquidating Trustee,
and (iii) dissolve such Liquidating Trust

See the light, my friends! Transition back to being investors. Stop being a victim to something you don't understand in the complexities of bankruptcy and bk law. Your obsession with the dead corpse of Lehman needs to come to an end.