Replies to post #113404 on Lehman Brothers Financial SA (LEHNQ)

[BREAKER098]

This is all true. What’s your point?

LAMCO wasn’t formed to hold forever. It was created to:

• Avoid fire sales at the bottom of the market
• Manage complex assets strategically
• Sell them gradually as values improved

Over the last 15+ years, most major assets have been liquidated. LAMCO didn’t sit on a pile of distressed assets forever. It actively managed, sold, and wound down much of the Lehman estate — that’s why over 30 distributions have already been made to creditors, not equity.

Go figure…

[cottonisking]

Keep on trucking baby...breaker breaker, good buddy, how does it look over your shoulder? Good, you got a green light down to Interstate 20. Thanks, good buddy, this is the bull jiver!

Lehman Brothers' paid their employees cash and stock. Many of these employees work for Lamco and they will maximize the waterfall. These employees' stock are in LBHI's Plan Trust. Under the Framework Agreement, Creditors will receive their distributions by any Successor. Any Successor will put the CTs Holders' in the money.