Replies to post #5425 on Lehman Preferred Series "J" Preferred (f

[surfstocks]

And after Barclay's we go after JPM. The balance sheet showed a $500M gain in Nov. so going at that rate we should have an extra 3B from June to Dec. But in addition, I have backed up my J's with some CT's, just in case.

[coach tequila]

Here is a thought...

According to the MOR Lehman has filed the 2008 consolidated taxes. It claimed a loss of $47B. It is currently calculating the effect of the Net Operating Loss carry forward for the last 5 years. Also, there is $350M coming back from an existing tax reserve account.

Now that will be the last laugh! Lehman getting money back from the Government! Anyone know what the refund check will be on getting money back from the Treasury for profits from the last 5 years? How much was paid in taxes over the last 5 years?

Classic...

Coach T

[daktok]

Here's what we know:
-23B to breakeven
-9.73B to full face value
------
-32.73B to full face value
+14.6B in cash/treasuries
-----
-18.13B to full face value

Barclays: ???12 Billion???
NOL: ??? Some postive amount ???
RE: up ???
Litigation: ???
Other: ???
Derivatives: 83% left

Conclusion: Sell to me.
MM: bad
iHub: good