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toogoodfella

01/15/11 7:06 PM

#15318 RE: linda1 #15317

Linda, you have to look at the Balance Sheet..The liability is 307.286B and the Asset is 253.175B. the difference(deficit)is 54.111B. This March Balance sheet have only 42.664B recovery but according to the updates as you know, there is about 60B at this time.

I can't believe that you are asking this question..Honestly.
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etzetrade

01/15/11 7:44 PM

#15319 RE: linda1 #15317

Do you remember LBHI showed A>L before BK. I think the $$ shown on assets are book values. The liquidating value is much small. So, there is the reason even class 3 gets around 25%. In any rate, it is harder than buying lottery to see A>L.