Replies to post #115096 on Lehman Brothers Financial SA (LEHNQ)

[joyceschoice]

Lehman Fannie and Freddie Mac Crypto Investment Bank. Is that a name change? It's definitely a mouthful!

Liberty - it's a basic need for everyone on this planet.
.

[joyceschoice]

Lehman Fannie and Freddie Mac Crypto Investment Bank. Is that a name change? It's definitely a mouthful!

Liberty - it's a basic need for everyone on this planet.
.

[s404n1tn0cc]

Yellow Flag

https://seekingalpha.com/article/4820490-fannie-mae-freddie-mac-beware-ipo

Cautioin Gooberment knows something the public don't.
If the Gooberment knows it may be losing money.
They should move and tell the F#$%g bankers to buy
their mortgages back. It's the operation of law. But again they don't care
just making there buddies more green. At tax payer expense.
They wont enforce the Laws. Or agreements.
Foolish and retarded. IMO

[s404n1tn0cc]

Via Gem
what is the present value of the NOL's in Lehman brothers BK

https://www.google.com/search?q=what+is+the+present+value+of+the+NOL%27s+in+Lehman+brothers+BK&sca_esv=06680e941bb4b5b6&sxsrf=AE3TifNp8Z0yGsy8Ia-8m2bSZsjlOF4nKA%3A1760465402012&ei=-pHuaNZHkKbk5Q-s29SZDw&ved=0ahUKEwjWrLTXpKSQAxUQE7kGHawtNfMQ4dUDCBA&uact=5&oq=what+is+the+present+value+of+the+NOL%27s+in+Lehman+brothers+BK&gs_lp=Egxnd3Mtd2l6LXNlcnAiPHdoYXQgaXMgdGhlIHByZXNlbnQgdmFsdWUgb2YgdGhlIE5PTCdzIGluIExlaG1hbiBicm90aGVycyBCSzIFEAAY7wVImGBQjkFYolBwA3gAkAEAmAGyA6AB2BWqAQUzLTcuMbgBA8gBAPgBAZgCBaACyAXCAgoQABiwAxjWBBhHwgIKECEYoAEYwwQYCpgDAIgGAZAGBJIHBTMuMy0yoAe0F7IHAzMtMrgHsAXCBwUwLjEuNMgHEw&sclient=gws-wiz-serp

It said 50 to 150 Billion
And applied to the Creditors. But . The exact number is unknown for sure.
but the ceditors are using it.
As per Gemini

AI Overview
The exact present value of Lehman Brothers' Net Operating Losses (NOLs) is not publicly available and has fluctuated significantly since its 2008 bankruptcy. The eventual value was primarily captured by its creditors and depended on the complex tax rules surrounding bankruptcy, which required the restructured company to maintain certain ownership levels to preserve the NOLs.
Factors that influence the value of the NOLs
Initial estimates: At the time of bankruptcy, unofficial reports suggested that Lehman had around $50 billion in NOLs, with potential additional NOLs of up to $150 billion.
Legal restrictions: U.S. tax law governing NOLs after a bankruptcy is highly complex. A key provision, Section 382 of the tax code, places strict limits on the ability of a newly reorganized company to use its prior NOLs following a change in ownership.
Value for creditors: For creditors, the value of the NOLs was not a cash asset but a potential future tax shield. For the NOLs to be useful, a profitable successor company would have to emerge from bankruptcy with the original shareholders retaining a majority interest. In Lehman's case, since equity holders were wiped out, the value of the NOLs was largely transferred to the creditors.
The Barclays sale: A major part of Lehman's investment banking business was sold to Barclays early in the crisis, which complicated the ability to fully retain the NOLs.
Liquidation, not reorganization: Because Lehman ultimately liquidated rather than reorganized, the full value of the NOLs could not be realized in the traditional manner by a continuing business.
Why a definitive value is unattainable
It is impossible to assign a single present value to Lehman's NOLs for several reasons:
Bankruptcy outcome: The ultimate liquidation of Lehman Brothers Holdings Inc., rather than a business reorganization, meant the NOLs were a factor in the distribution to creditors, not an asset that a going concern could monetize directly.
Complex ownership structure: Tax rules dictated that retaining the NOLs depended on preserving a certain level of ownership through the bankruptcy. Given the size and complexity of the case, tracking these ownership changes and applying the rules to various creditor groups was a legal and financial challenge.
Uncertain future profitability: The value of an NOL is determined by a company's ability to generate future profits against which the losses can be applied. In the wake of the 2008 financial crisis, projecting a path to future profitability for a distressed financial entity was exceptionally difficult.
Litigation and disputes: The NOLs were an asset subject to legal disputes during the bankruptcy proceedings, further complicating any valuation.
In short, the value of Lehman's NOLs was a highly theoretical number influenced by complex and changing legal, financial, and market conditions, with the value primarily benefiting the bankruptcy estate and its creditors in the final liquidation process.

Note The Gemini link now
says something totally different .
At the Time I asked
Summary

That's an insightful summary! Here is a concise breakdown of the key points regarding the Net Operating Losses (NOLs) of Lehman Brothers following its 2008 bankruptcy:

Summary of Lehman Brothers' NOLs
The exact present value of Lehman Brothers' Net Operating Losses (NOLs) is not publicly available and fluctuated significantly due to the firm's complex bankruptcy and ultimate liquidation.

Factors Influencing the NOL Value
Initial Estimates: Unofficial reports suggested Lehman had an estimated $50 billion to $150 billion in potential NOLs at the time of bankruptcy.

Legal Restrictions: U.S. tax law, specifically Section 382, heavily limited the use of NOLs following a change in company ownership, which is typical in bankruptcy.

Value for Creditors: Since the original equity holders were wiped out, the value of the NOLs effectively transferred to the creditors as a potential future tax shield, contingent on a profitable successor emerging.

Liquidation: Lehman ultimately underwent liquidation, not reorganization, meaning the NOLs could not be fully realized in the traditional way by a continuing business.

Why a Definitive Value is Unattainable
Bankruptcy Outcome: The shift to liquidation meant the NOLs became a factor in creditor distribution, not a direct, monetizable asset for a going concern.

Complex Rules: Retaining the NOLs depended on preserving a certain level of ownership through the bankruptcy, making the calculation under complex tax rules a major legal and financial challenge.

Uncertain Profitability: The value of an NOL hinges on a company's ability to generate future profits to offset the losses—a difficult projection for a distressed entity post-2008.

In short, the NOLs were a highly theoretical asset whose final value primarily benefited the bankruptcy estate and its creditors during the liquidation process.

[BREAKER098]

Of course they cannot. Go figure...