Replies to post #4259 on Lehman Brothers Financial SA (LEHNQ)

[onco]

let us have a informal vote CT toast?? or saved ?? under any scenerio

[linda1]

As of the Dec 31, 2010 Balance Sheet the Debtors were still anticipating a refund from the 2008 NOL.



The following excerpt from the Balance Sheet seems to indicate that even after using the $ 48 B in 2008 NOL there will still be $ 2 B owing in taxes - which I find astonishing and quite frankly hard to accept.


"As of December 31, 2010, the Company has recorded in its Balance Sheets an estimate of

approximately $2 billion for potential amounts owed to federal, state, and local taxing authorities, net

of the refund claims and the anticipated five-year federal NOL carryback."



There is still the $ 5 B in NOL for 2009 and probably billions more for 2010 that has not been used.