Replies to post #109582 on Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

RE: 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)

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“Liability” and stockholders “equity”

It’s the label of the 1,763 in the balance sheet. DID YOU SEE WHY???

[toogoodfella]

RE; 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.

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IT IS JUST A SECOND GRADE MATH.
I JUST DONT UNDERSTAND WHY SOME PEOPLE CANNOT COMPREHEND IT!!