Replies to post #20221 on Lehman Brothers Financial SA (LEHNQ)

[guster0]

According to Bowles, Lehman is claiming that any asset sales or transfers made now are protected under its liquidation plan, even though Lehman is no longer in bankruptcy. Governments might argue that the sales are taxable deals occurring long after the plan won court approval, he said.

[catdaddyrt]

thats right WHAT????

made Lehman the scape goat is more like it

The government bent over backward to try and save Lehman, and we should honor the statutory provisions of the Bankruptcy Code without giving Lehman any more special treatment.”