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daisyxu

03/19/12 1:35 AM

#8762 RE: cottonisking #8724

curious as to when this article

regarding mr. brandt was released. brandt speaks as if a vulture investor can still get in on the action (i.e. lehman is a very interesting opportunity)

i don't think brandt is referring to speculative buying of preferreds and commons - that door was closed on 3/6/12 when equity was rolled up into one big share - no way out but also no way in anymore

is brandt referring to cts? or perhaps other lehman debt instruments?

anyone know brandt's contact info or email? we should say in an email stating that we are the vulture investors on ihub wanting to know how to invest in the very interesting opportunity that is lehman.

the traffic on this board has really picked up after the effective date... enjoy it while it lasts. not sure we'll still all be here in another year or two. lol...glta
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cottonisking

03/19/12 8:02 AM

#8766 RE: cottonisking #8724

Ultimately, the big payday for Lehman's current investors would come when the new, highly tax-advantaged company is finally sold or—heaven forbid—taken public all over again. Mr. Brandt said this kind of rebirth is almost surely what the company's new board has in mind, and it's much easier to do this sort of delicate work away from the glare of a bankruptcy court.

“I understand it might sound strange to a lot of people,” Mr. Brandt said. “But if you're a vulture investor, Lehman is a very interesting opportunity.”

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etzetrade

03/19/12 8:23 AM

#8768 RE: cottonisking #8724

Cotton, there is another point to your comments. If some assets are not able to be liquidated at the end, such as real estate, then, everyone shares based on certain ratio of waterfall.