Replies to post #14322 on Lehman Brothers Financial SA (LEHNQ)

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Docket: 7579 - 2. Over the following 18 months, LBHI devoted considerable resources to
develop a team of approximately 455 individuals, spread across LBHI’s information technology
infrastructure and five distinct asset classes – commercial real estate, residential mortgages,
private equity and principal investments, corporate loans and derivatives – to effectively manage
and wind-down the remaining long-term distressed and illiquid assets that were not subject to
foreign insolvency proceedings. LBHI’s asset management teams further developed and
enhanced the skills required for, and an expertise and knowledge base specifically geared to, the
management of such assets. The Debtors have determined that the capabilities of LBHI’s asset
management team are scalable and thus easily transferable to the management of other long-term
investment assets for third parties as well. In the course of managing and administering such
assets, LBHI has built a going-concern asset management business that may be of substantial
value, with capabilities that may endure beyond the administration of these chapter 11 cases, and
generate revenues.

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24. Pursuant to the Contribution Agreement, LBHI will transfer to LAMCO
International all of LBHI’s equity interests in its international asset management companies,
LBHI Services Ltd. and LBHI Estates Ltd. The contribution of LBHI Estates Ltd., however, will
be subject to the requisite regulatory approvals associated with such contribution. In the event
that LBHI Estates Ltd. is not contributed at closing as a result of failure to obtain requisite
regulatory approvals prior to such time, the parties will continue to take all actions necessary to
obtain such approvals and, upon obtaining such approvals, will take all actions necessary to
promptly consummate the contribution of LBHI Estates Ltd. to LAMCO International.
Additionally, LBHI may take additional action, with the consent of the Creditors’ Committee, to
integrate into LAMCO International after the closing, certain asset management staff and
resources located outside of the United States and the United Kingdom.

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You found the LAMCO site.

Etrade has a cusip for LEHPQ: 525ESCB16 Not 524ESCB16