Replies to post #109616 on Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

RE: Current Principal: $ ?1,763,000,000.00

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THIS IS A BIG LIE
THE NUMBER, 1.763B IN THE BALANCE SHEET REDUCED THE LIABILITY BY AN EQUAL AMOUNT.

It maybe a balancing between receivables and payables.

ITS JUST A NUMBER.

[cottonisking]

📜🤡
🐀🚽 LBHI's Journal Entries:

1) CTs' subordinated debentures Assets:
Debit $1.763 Billion

2) CTs' subordinated debentures payable liabilities:
Credit $1.763 Billion

3) Distribute Balance Sheets 10/5/2023
4) After BNYM CTs' cash distribution, update journal entries:

5)CTs' subordinated debentures Assets:
Debit $1.763 Billion
Add Credit $1.763 Billion

6) CTs' subordinated debentures payable liabilities:
Credit $1.763 Billion
Add Debit $1.763 Billion