Replies to post #26204 on Lehman Brothers Financial SA (LEHNQ)

[joyceschoice]

You're welcome.

[stockmojo9]

We can see the deposit was made and BCS received cash & securities from JPM.

My questions remain:

1. What were the securities given?
2. Was BCS required to keep the accounts at JPM?

The article answers neither question and with the governance of the issue, there are requirements of Barclays to maintain enough liquid assets to close with Lehman if not remain as Successor Obligor.

So, I think a lot of questions remain.

Thanks.