Replies to post #109578 on Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

RE: Total Liabilities and Stockholders' Equity $ 1,763 m = CTs' Successor Rights $1.763 Billion

——-//——-//—

IT IS BALANCED TO NOTHING!

COMPREHEND!!!

[toogoodfella]

Here is the math:

128,460 - 1,763 = (126,697)

The 128,460 is liability
The 1,763 is the cash asset.
(126,697) is the remaining unpaid debt.

The equity of 1,763 is now gone to zero because it paid the equal (1,763) amount of liability that is now reduced to (126,697)

NOTHING WILL GO TO CTs !!!
THERE IS A REMAINING DEBT OF (126,697,000,000) !!!

THATS WHAT THE BALANCE SHEET IS TELLING YOU!!

[cottonisking]

🤣Liabilities Subject to Compromise 128,447 m - 🤣 Will get cancelled or receive new equity or a combination of both.

(Equity absorbs losses in Bankruptcy)

Equity in Bankruptcy is wiped out before debt because equity has the ability to make a bigger profit from a business. The CTs' are unsecured obligations.

Remember old and cold debt that was never sold for 20 cents on the dollar, qualifies for new equity.

See math from LBHI below and void your personal math.

$ in millions) 08-13555 (1) Affiliates (2)  
  Assets  
  Cash and short-term investments $ 33 $ 3  
  Cash and short-term investments pledged or restricted 85 5  
  Financial instruments and other inventory positions 10 4  
  Receivables from LBHI-Controlled Affiliates and other assets 8 4  
  Investments in Affiliates 48 (0)  
  Due from Affiliates:  
  LBHI-Controlled Affiliates 67 (0)  
  Non-Controlled Affiliates 1,512 105  
  Total Due from Affiliates 1,579 105  
  Total Assets $ 1,763 $ 121  
  Liabilities and Stockholders' Equity  
  Liabilities  
   Payables to LBHI and other liabilities $ 6 $ 1  
  Due to Affiliates:  
  LBHI $ 0 67  
  Non-Controlled Affiliates 0 2  
  Total Due to Affiliates 0 69  
   Taxes Payable 7 3  
   🤣Liabilities Subject to Compromise 128,447 - 🤣 
  Total Liabilities 128,460 73  
  Stockholders' Equity (126,696) 48  
  Total Liabilities and Stockholders' Equity $ 1,763 $ 121  CTs' Successor Rights $1.763 Billion   
  See accompanying Notes to Balance Sheets