Replies to post #3479 on Lehman Preferred Series "J" Preferred (f

[Pegaso]

Nice one!!! Up yours, BCS!!!

[goforthebet]

The court documents also show that senior executives knew they were selling the brokerage business at a $5bn discount to Barclays. Ian Lowitt, chief financial officer at the time and treasurer Paolo Tonucci knew Barclays was paying $45bn in exchange for securities worth about $50bn according to the documents. The details in the documents have been sealed until now.

I would love to know what the judge is thinking about that
...

imo it's looking good for us here ;)