Replies to post #16704 on Lehman Preferred Series "J" Preferred (f

[mik1]

Some details of last agreement

Lehman’s eight Hong Kong units have about $24 billion of assets and claims totaling more than $36 billion on their books, Middleton said today. That included about 2,500 listed equity investments and more than 2,700 derivative trades when KPMG took over in September 2008, he said.

http://www.businessweek.com/news/2011-08-03/lehman-resolves-20-billion-of-claims-with-hong-kong-affiliates.html