Replies to post #13321 on Lehman Preferred Series "J" Preferred (f

[xristosx]

I LIKE # 1

[Argus63]

Nice job Troy - I'd include if at all possible....

The collective 'ballpark' percentage of shares/dollars that we shareholders "represent". I believe "Chaarles" was getting a list together on this board and N's board and last he had was almost a million CT's. I think there's individuals here with more than that.

Argus

[Fernie59]

Definitely version #1. Thanks Troy for all your efforts!!!!!

[linda1]

I like both # 1 & # 2 but if you decide on # 1 I would like it better with the following changes to Paragraph 4 -



1. Put in the actual date of the balance sheet as of filing date.


2. Delete the reference to the Disclosure Statement since Judge Peck has not approved it yet.


3. Remove the statement " There simply isn't any confidence or transparency in the process" - I think it is breaking up your excellent point of loss of equity value and the entitlement of owners to an explanation.


4. I would either delete "There simply isn't any confidence or transparency in the process" from the letter or let it stand alone as a next paragraph - if grammatically correct.




Here are my changes for you consideration -



What is known is that somewhere between 14 September 2008 (Balance Sheet As of Filing Date) and 30 June 2009 (Balance Sheet As of June 30, 2009), equity interests in LBHI decreased by $40B from approximately $20B to -$20B. When considering the total Debtor-Controlled Entities, equity interests went from $65B to -$43B, a loss of $108B in Equity value. As the owners of Lehman Brothers Holdings Inc., we are entitled an explanation.


There simply isn't any confidence or transparency in the process.





Your version -




"What is known is that somewhere between the filing date (Balance Sheet As of Filing Date – Disclosure Statement) and 30 June 2009 (Balance Sheets As of June 30, 2009), equity interests in LBHI decreased by $40B from approximately $20B to -$20B. When considering the total Debtor-Controlled Entities, equity interests went from $65B to -$43B, a loss of $108B in Equity value. There simply isn’t any confidence or transparency in the process. As the owners of Lehman Brothers Holdings Inc., we are entitled an explanation."

[jcpny777]

i too like version 1 thanks for everything you do

[daktok]

Troy, I like both of them, but I think I like the first one a little better. I don't know why.
NO representation in the reorganization of the company we once owned.
you might want to change to NO representation in the reorganization of the company of which we have full legal ownership.
-or-
...reorganization of our company.

In another paragraph, you state that we are owners, but in the one mentioned above, it seems that we've already lost it.