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camaro4me

07/10/13 1:33 PM

#27456 RE: Nellafom #27455

"US Bank has enough debt to buy up what ever is left of LBHI."

Where does that leave the CT holders?
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slimugrian

07/11/13 2:36 AM

#27485 RE: Nellafom #27455

I think there is very simple explanation to King Street's withrawals.

Most of the claims indicate that King Street did their business with LBIE. Everybody involved with LBIE got their 100% plus intrests. Like most of the creditors, customers etc King Steeet simply filed in 2008 claims against LBIE and LBHI and other subs too. Now they withdrawed the claims that were filed "just in case" against LBHI.

We should see more this type of withdrawals.

Just my 2 cents.