Lehman Brothers Financial SA (CE) (LEHNQ) Quote

We either get a buck. Or we dont. I don't care. As long as it's over it will be fine with me. Damn shame. The time wasted.

Lawyers manage to eat all the meat off the bones…. hopefully they leave the marrow for us?

NOLs

July MOR... Interesting as we hardly have any cash left....
https://document.epiq11.com/document/getdocumentbycode?docId=4374561&projectCode=LBH&source=DM" rel="nofollow" target="_blank" >https://document.epiq11.com/document/getdocumentbycode?docId=4374561&projectCode=LBH&source=DM[tagDocket #61679 [/tag]

All Very Valid Points...TIA & GLTU!

Would have done that by now. Thats why.
WIll we survive.
I think so.

DC thinks it can Win a Atomic Exchange. Sure it can . But they'll never outlast a Fision exchange.. Why It last longer than they 'll be alive. HAHAHAH. Collection of sociopaths and Morons. IMO
BY the way your off topic.

Apparently not fast enough

👁️ Is heat a form of energy or financial investment? ⚛️. ☢️


Thermal energy, or heat, is the energy that comes from the movement of atoms and molecules in a substance. Heat increases when these particles move faster.
https://www.eia.gov › forms-of-ene...
Forms of energy - U.S. Energy Information Administration (EIA)

How fast do you want you and your Lehman Brothers' investments to move?

Irony

Russia warns the United States of the risks of World War Three
By Guy Faulconbridge and Vladimir Soldatkin
August 27, 20248:52 AM CDTUpdated a day ago



Russian Foreign Minister Lavrov hosts Yemeni counterpart in Moscow
Russian Foreign Minister Sergei Lavrov attends a press conference with Yemeni Foreign Minister Shaya Al-Zindani after their meeting in Moscow, Russia August 27, 2024. REUTERS/Evgenia... Purchase Licensing Rights, opens new tab Read more
Summary
Companies
Lavrov says the West is playing with fire over Ukraine
Russia is clarifying its nuclear doctrine, Lavrov says
Lavrov talks about the dangers of World War Three
Spy chief: we don't believe the West over Kursk
MOSCOW, Aug 27 (Reuters) - Russia said the West was playing with fire by considering allowing Ukraine to strike deep into Russia with Western missiles and cautioned the United States on Tuesday that World War Three would not be confined to Europe.
Ukraine attacked Russia's western Kursk region on Aug. 6 and has carved out a slice of territory in the biggest foreign attack on Russia since World War Two. President Vladimir Putin said there would be a worthy response from Russia to the attack.
Sergei Lavrov, who has served as Putin's foreign minister for more than 20 years, said that the West was seeking to escalate the Ukraine war and was "asking for trouble" by considering Ukrainian requests to loosen curbs on using foreign-supplied weapons.
Since invading Ukraine in 2022, Putin has repeatedly warned of the risk of a much broader war involving the world's biggest nuclear powers, though he has said Russia does not want a conflict with the U.S.-led NATO alliance.
Advertisement · Scroll to continue
"We are now confirming once again that playing with fire - and they are like small children playing with matches - is a very dangerous thing for grown-up uncles and aunts who are entrusted with nuclear weapons in one or another Western country," Lavrov told reporters in Moscow.
"Americans unequivocally associate conversations about Third World War as something that, God forbid, if it happens, will affect Europe exclusively," Lavrov said.
Advertisement · Scroll to continue
Lavrov added that Russia was "clarifying" its nuclear doctrine.
Russia's 2020 nuclear doctrine sets out when its president would consider using a nuclear weapon: broadly as a response to an attack using nuclear or other weapons of mass destruction or conventional weapons "when the very existence of the state is put under threat".

Looks reasonable.

YOU JUST LIKE ARGUING.
But still concluded that it can go to chapter 7.

Don't think so. They would need to file a New BK.. The last one was confirmed. It would be a new filing.

Don't think so. We exited in 2012. The new Third plan of reorganization was confirmed. Not Chpt 7 This is a chptr 11. Restructuring. But hey they can always file anew to Chapter 7. After Two years from 2012 which should have been 2014 at the earliest.
But That would have been a new BK. Not this one. HHEHE

And thats 17.5 Billion a year for insurance. IMO

OOOPs sorry that 350 Billion per Year. I added too many zero's.

The restriction of trading is a SEC related item…. Not the Company’s fault aside from bankruptcy…

"but locking up shares gives hope. there must be a reason."
Didn't they create OBS to prevent trading and preserve the possibility of using NOL's?
IF, they don't become an ongoing concern, are they liable to the shareholders who were/are prevented from trading?

no end to this. but locking up shares gives hope. there must be a reason.

Sound good 35 Trillion.!!! That must be noted as per year. Why? money goes in and out. On the lower end lehman alone originates 350 Bilion in earnings. Why Best lowest estimate by me is 1 percent for origination. Only thing missing is the cost of the insurance! Note thats not including physical assets that is set aside or 35 Billion IMO..

Darn right !?? We're past mid-year and no MOR. Or Numbers.
It is what it is. No Order "Satisfaction in full" or talk about that issue.
Hoping for the best.

BlackRock and Starbucks will merge one day:

We will still be in bankruptcy.

Starbucks
https://www.starbucks.com › single
Raccoon Cake Pop
100?Stars item. Vanilla cake mixed with buttercream, dipped in icing and finished with a raccoon-face design. - VEGETARIAN. 150 calories, 14g sugar, 7g fat.
$150.00 · 60-day returns

365 days/year × 16 years = 5,840 days

quicksand
Overview
Usage examples
Similar and opposite words
Dictionary
Definitions from Oxford Languages · Learn more
noun
loose wet sand that yields easily to pressure and sucks in anything resting on or falling into it.
"it's best to travel with a local as there are quicksands"
a bad or dangerous situation from which it is hard to escape.
"John found himself sinking fast in financial quicksand"

I hope we will get some Filing about closing the BK from LBHI in September...they are really testing our patience now.... Absolutely no need to drag this on and on...Its as if the lawyers want to keep billing and they may be padding more hourly billings than what the 'distributions' are to the creditors, at this point....

LBHI's Leadership will not bark about the future of this bankruptcy:

Years ago, I delivered about fifteen tons of top soil to a customer's home. When I got out of my dump truck, a dog bite me on the back of my leg. The dog never barked at me. When they do not bark, they will bite. The other day, I was in the woods checking on my horses, the neighbors' dog jumped and started barking at me. Me and the dog slowly retreated.

We do not have a clue about LBHI. PWC will bark and write a report. LBHI will not bark on an Appeal in Court.

bark1
noun
the sharp explosive cry of certain animals, especially a dog, fox, or seal.
Similar:
woof
yap
yelp
bay
growl
snarl
howl
verb
1.
(of a dog or other animal) emit a bark.
"a dog barked at her"
Similar:
woof
yap
yelp
bay
growl
snarl
howl
whine
2.
utter (a command or question) abruptly or aggressively.
"he began barking out his orders"
Similar:
say/speak brusquely
say/speak abruptly
say/speak angrily

RE: I thought Lehman had quite a bit of NOL'?

CORRECT! but you have to understand what you can do with the NOL.

Or understand what NOL is?

I thought Lehman had quite a bit of NOL'?

And with the possibility of much higher tax rates, they become that much more valuable...

Many of you seem to agree that the lbhi bk may close soon and we get paid as long as it remains as a going concern.

But there seems no consensus how it will get there. Just want to see some light at the end of the tunnel.

RE: Is this likely for LEHMAN to transfer to chaper 7…

—-//——//——

ABSOLUTELY YES. That is if LBHI did not get a new fresh capital from the creditors.

That seems unlikely.

One condition is all the NOLs go away….

Is this likely for LEHMAN to transfer to chaper 7? There must be some conditions for such a transfer.

Hopefully not chap 7 with these types of BOD members-

https://www.linkedin.com/in/david-pauker-93240033/

I see talking out of both sides of the dilemma.

Cheeesh.

Time will tell. GLTA

Sounds like “Sweet 16” too me lol :)… “Let it be let it be” #Beatles

RE: LBHI must be completely out of default.

——-//——-//—///

Immediately! Or else, some big CTs holders may do some legal actions.

RE: ONLY IF!

KEEP IN MIND; ….Only if LBHI Intention is to stay as a “Going concern business”… After this chapter eleven is closed, LBHI must be completely out of default.
All accumulated interests therefore must be paid in full.

PAID IN FULL BABY! …SIXTEEN YEARS!!

BUT IF!…. If LBHI will switch from chapter eleven into “Chapter seven”…., no one will get a single penny.. then, let us all forget LBHI. 😂

Secured Overnight Financing Rate (I:SOFR)
Secured Overnight Financing Rate is at 5.32%, compared to 5.35% the previous market day and 5.30% last year. This is higher than the long term average of 2.21%.
https://ycharts.com › sofr
Secured Overnight Financing Rate Market Daily Trends - YCharts

So SOON.



Sweet.

Journal of Financial CrisesYale University

EliScholar > JOURNAL-OF-FINANCIAL-CRISES > Vol. 1 (2019) > Iss. 1

The Lehman Brothers Bankruptcy G: The Special Case of Derivatives
Authors
Rosalind Z. Wiggins, Yale School of ManagementFollow
Andrew Metrick, Yale School of ManagementFollow
Document Type
Case Study

Case Series
The Lehman Brothers Bankruptcy

JEL Codes
G01, G28

Abstract
When it filed for bankruptcy protection in September 2008, Lehman Brothers was an active participant in the derivatives market and was party to 906,000 derivative transactions of all types under 6,120 ISDA Master Agreements with an estimated notional value of $35 trillion. The majority of Lehman’s derivatives were bilateral agreements not traded on an exchange but in the over-the-counter (OTC) market. Because derivatives enjoyed an exemption from the automatic stay provisions of the U.S. Bankruptcy Code, parties to Lehman’s derivatives could seek resolution and self-protection without the guidance and restraint of the bankruptcy court. The rush of counterparties to novate Lehman’s derivative contracts and the confusion following contracts that were terminated after its bankruptcy filing added to the stress of the financial crisis in two ways: (1) loss of value to the Lehman estate and (2) exacerbation of the contagion effects of the bankruptcy. This case explores the disposition of Lehman’s derivatives and its impacts.

Recommended Citation
Wiggins, Rosalind Z. and Metrick, Andrew (2019) "The Lehman Brothers Bankruptcy G: The Special Case of Derivatives," Journal of Financial Crises: Vol. 1 : Iss. 1, 151-171.
Available at: https://elischolar.library.yale.edu/journal-of-financial-crises/vol1/iss1/8

Date Revised
2019-03-20

Download
2,804 DOWNLOADS

Since March 20, 2019

PlumX Metrics
Usage
Downloads:2795
Abstract Views:2247
Mentions
News Mentions:1
see details
Included in
Banking and Finance Law Commons, Bankruptcy Law Commons, Economic History Commons, Economic Policy Commons, Legal Studies Commons, Policy Design, Analysis, and Evaluation Commons

YPFS Home Page
Journal Home
About This Journal
Policies for Authors
Editors' Page
Submit Article
Most Popular Papers
Receive Email Notices or RSS
Select an issue:

All Issues
Search
Enter search terms:
Select context to search:

in this journal
Advanced Search



Who controls SOFR?
The New York Fed is the administrator of SOFR and produces the rate in cooperation with the Treasury Department's Office of Financial Research (OFR). The New York Fed publishes SOFR on a daily basis on its website at approximately 8:00 a.m. eastern time.Aug 27, 2023
https://www.newyorkfed.org › files
ARRC FAQs - Federal Reserve Bank of New York

2025 earliest year for closing LBHI ch 11 case

What is your take on it?

>> IF! … If the upcoming distribution in October is at least 100 M or more, closing must follow.

Lol

The CT’s are Trust backed.

Trusts are not owned by the Parent, but offered by the parent or a sub of the Parent.

The Trusts don’t have a back obligation to the Parent.

It’s your money.

Just awaiting LIBOR Litigation resolution for the interest rates adjustments to cover the Derivative Market Meltdown claims.

The Series P of Lehman’s Performance Payment is the same as the Series R of WMI.
Backed by Trust Assets of the trust not the corporation.

Not a BK control assets.

LIBOR Litigation of CDS.



Ron

Prepare for the transition of LBHI into a Bitcoin commercial merchant bank…rising from the ashes like a phoenix 🐦‍🔥

I shall be named as the CEO since I first prophesied this in 2014!

What will be our business name?
Phoenix 🐦‍🔥 is perfect…

RE: ONLY IF!…. LBHI will continue to exist as a going concern after CHAPTER ELEVEN is closed.

————//———-//————-

The total remaining asset subject to Chapter 11 is about 204M.

IF! … If the upcoming distribution in October is at least 100 M or more, closing must follow. The remaining asset will be allocated into expenses including taxes, reserve for disputed claims and operating expenses.

RE: Any estimate per CT.

————//———

No estimate other than going back to market and interest payments if! ..

ONLY IF!…. LBHI will continue to exist as a going concern after CHAPTER ELEVEN is closed.

Any estimate per CT.

FROM CASH FLOW ESTIMATES

Expected remaining recoveries is 144M
Estimated total of remaining asset is about 200M
Cash available is 99M

We just hope to see at least 100M distribution in October

They certainly will not run out of $ and will find plenty of pipes start gushing all the "pending" txn of a long time counterparty/repo related and derivatives problem that is not just Lehman's but also Fannie Freddie and the US Govt's fault this has taken such a trickle rate to get around to. Stay alive people. :)