Replies to post #4057 on Lehman Brothers Financial SA (LEHNQ)

[linda1]

And so are you saying that WMI used equally $ 5+ B of NOLS for the $ 5+ B in tax refunds?



The first I read of the Debtors using the 2008 NOLs for a 5-year carry-back tax refund/credit was in the recent DS - and so I am guessing that the Debtors may have just filed for it and perhaps that is the reason why the Debtors wanted to hire Milbank to do some tax work for them.