Replies to post #2525 on Lehman Preferred Series "J" Preferred (f

[Mustang66]

I will second that! :-) Come on 40! Thought we would have been there yesterday. Chump change though compared to where we are going.

[jaybird249]

OUTSTANDING Yahoo Post on LEH
Not to worry, these are all accounted in the book. All creditors claim is part of 100.742B Borrowings that is included in the 324.969 Liability.


Asset=314.587B
Liability=324.969
Deficit= (10.382B)
+++++++++++++++++++++++++++++++++++++++++++++++++++++ +++++
Potential Additional Asset to be recovered still remain:
50B Loan to subsidiary
17B From JPMies
16B SIPA liquidation
10B NOL
50B Net intercompany receievable
8.0B Barclay ??


Total= +151B Potential, Additional Asset!!!

Plus Claims from 15% or 6T Open Contract Derivatives
(only 390B have been Sorted out- net 11.3B)

Plus settlement claims from Terminated 85%- 33T DERIVATIVES!!!

Sources: Dec.31 A/L, Aug.21-Form 8-K Report, 341Creditors meeting, Marsal's CNBC interview.

JUST FOR YOUR AWARENESS...DO YOUR DUE DILLIGENCE...DO NOT RELY ON MY OWN CALCULATIONS

[xZx]

.27 is the new .06.... :) lol