Court is out for lunch and resumes at 1:45PM EST. I don't think I'll be dialing in for the additional 4-5 hours since it would make this hearing pretty expensive for me.
It seems like the news outfits are on top of anything news worthy.
i agree. but, i dumped the call after around an hr. lots of arguments apparently today.
i think this speaks huuuuuuuuuuuuuuuge volumes for lehman entities, straight across the board. but, i am disgusted, totally how they are trading.
nothing is final in court yet. a long way off. no shares are being cancelled, compromised, or anything. we dont even have a damn balance sheet yet. if people think these stocks are going to blow away, and dry up, they are sadly mistaken.
April 9 (Bloomberg) -- A U.S. bankruptcy judge rejected a Barclays Plc bid to throw out Lehman Brothers Holdings Inc.'s motion to recover an alleged $11 billion "windfall" the bank made on the purchase of the firm's North American brokerage.
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