Lehman Brothers Financial SA (CE) (LEHNQ) Quote

🤣🤑🤣Only the movement of the Lehman Group's (LBHI's, LBIE's, LBHI2's, LBH plc's...) Cash can get LBHI Senior Creditors' to accept satisfied in full status.

LBHI is already reorganized on March 6th, 2012 and functioning as a corporation. Not public yet.

WWE can't set dates yet.

No one knows when..as usual.

Makes sense.

Ringfence concerned subsidiary by pending matters and let the rest of the business go ahead and finish POR once and for all.

RE: Just saying…

Question about the abuse of removing posts for no valid reason. Do they also penalize it?

RE: WITHOUT LOOSING THE NOL ATTRIBUTES.

——//——//——-

REMEMBER FOLKS, THERE IS STILL UNPAID DEBT OF ABOUT 130B. SOME OF IT MAYBE DECLARED AS A LOSS, SOME OF IT MAYBE CONVERTED INTO EQUITIES AND SOME OF IT MAY STAY AS A DEBT IN A GOING CONCERN.

THE DECLARED LOSS IS ALSO A NOL IN ADDITION TO THE EXISTING 50B.

A DEBT WILL STAY AS A DEBT SO THE CTS WILL STAY AS A DEBT AGAINST THE TRUST. CTS ARE SAFE IN A GOING CONCERN.

All PREFERRED EQUITIES ARE SAFE AS LONG AS THE NOL IS PRESERVED.

COMMON WILL BE DILUTED SO HEAVY TO ALMOST NO VALUE.

THESE ARE ALL POSSIBLE ONLY IN A GOING CONCERN.

RE: …POSSIBLY THE FRESH CAPITAL IS FROM THE CREDITORS…

——//———//——

ONLY THE CREDITORS OLD COLD DEBT CAN BUY AND OWN THE COMPANY WITHOUT LOOSING THE NOL ATTRIBUTES.

Actually the amount of off topic posts and merely talking about removal of post should land you in the 1 post a day category according to IHub rules….

Just saying…

Check for the Wynn!!!

Nice post!

Thanks Yuki. I know.

I don't mind Mellon. He has always been good with me really. I figure he made a mistake. Thanks for the words. Good to see you.

Edit :::: pinny and Muff. Damn good posts. Ty

RE: REMEMBER, THE GOAL IS TO DISTRIBUTE ALL ASSET UNTIL SATISFY IN FULL

——-///———-//—-

POR DID NOT SAY TO WAIT UNTIL LBIE, LPC CASES IS OVER TO SATISFY THE CREDITORS.

CREDITORS GOT ALL THE MONEY THEY DESERVE IN THE LAST DISTRIBUTIONS

NOW, LBHI IS BROKE AND WILL NEED A FRESH CAPITAL TO START.

POSSIBLY THE FRESH CAPITAL IS FROM THE CREDITORS THEMSELVES BECAUSE CREDITORS ARE REQUIRED TO SELL DOWN SOME OF THEIR CLAIMS IN ORDER TO QUALIFY FOR THE NOL EXEMPTIONS TO COD INCOME.

RE:

APRIL DISTRIBUTIONS WAS 176.7M

142M .. RESERVES FOR OTHER PAYMENTS

—-//———

REMEMBER, THE GOAL IS TO DISTRIBUTE ALL ASSET UNTIL SATISFY IN FULL

DECEMBER 31 QUARTERLY REPORT

(Rounded numbers)

142M ….. Restricted/Unrestricted cash
179M ……. CASHFLOW ESTIMATE
————————————————————
320M ……TOTAL CASH REMAINING

APRIL DISTRIBUTIONS WAS 176.7M

142M .. RESERVES FOR OTHER PAYMENTS, disputed claims, allowance for subset of company staff to stay and manage all remaining cases and disputes, litigations in LBIE, LPC. Etc.


COTTON AND MELLON ARE JUST BARKING UP A WRONG TREE.

Hi all,

I am owner of the common shares now blocked in OBS. It means I follow this BS from the begining.
Let me post this message as a green light between Real777 and Toogood. I think the discussion is very nervous in the past several days. And it is a pitty. Futhermore, both posters are right IMO. Let me explain that.

1) The LBHI is US company under US jurisdiction and the latest rule for LBHI is the POR.
No other countries with their jurisdictions can not replace the POR.
POR clearly states how the process will continue. Or all creditors will be satisfied in full, or at least 30 days after the final distro, or XII/2025.
I can not find in POR any other condition to close the POR with relation to other countries or jurisdictions.
So with the closing of the POR the TooGoog is right IMO.

2) As well as I understand Real777 who is right with the UK court to continue the payments to the LBHI from the UK subsidiaries or European subs. LBH PLC, LBIE, etc.. That is good, it means the LBHI can continue in business and will have the structure of subs and will be receing the money in the future.
That means, the LBHI could going concern after POR closing as the reorganized entity and will receive the money from arround the world.

So genlemen, please forgot the details, the most important for us is to close the POR, use the NOLs and get new capital to operate as the new entity.
That is our main target.

Sorry if my post is too long,
GLTA,
Muff

YOU REMOVED MY POST JUST BECAUSE YOU DID NOT AGREE WITH IT AND YOU SAID YOU ARE SURE 100 PERCENT CORRECT!!

ITS AN IRRATIONAL ACT
OR AUTHORITARIAN !

True Yukon…, after 15 years of disagreement chatter in a social stock board… now it’s escalated to threats lol :)

All inputs are welcomed by me both agreeing and disagreeing~ this is still America ain’t it? Or are we now an open dictatorship~ chill out, cause after 15 years most posters here are family regardless of their opinions on Lehman outcome proceedings.

Jersey I think he responded to you by accident. There is nothing you said or did to get that assault. Also toogood got a lashing which was uncalled for either. I have been lurking on this board for about 13-14 years now I appreciate everyone’s input and until the final straw gets pulled then we can say so and so was right or so and so was way off. All that matters we all get along civilly and get this over and done with once and for all. I don’t know how long I can take reading this board lol

No refund this year. Had to add a check. 🤣

Truth...2025...we will all send in a check. I bet.

Hey Jimmy. WE need a nice gallon of that sweet tater voker for a pull on the jug.

I got some words thrown at me today for naught. I just been here reading and barely a word. Lolol

I just been watching the skirmish going on. And after all these years to. 2025 can't be soon enough.

We all need to kick back, relax, deep breath. I am gonna run up to Nashua, NH. Just for a look see.

Hang in there bro, and don't get to high power on the NC heavy mash you make. Good to see ya.hic

Excuse me Mr Mellon.

I made a 3 line reply to Jjpk

Line one, was regarding the NY METS.

line Two was regarding me seeing all of the posts that were made when I opened the thread today.

Line three was regarding how if nothing else, 2025 is coming and this should be over.

Now what in the fk was all your beat down on me about all the other crap you said that I did. For Pete's sake, I have barely been on here posting anything. If you want to kick ass, go pick someone else. Frankly u should apologise for whatever the heck your talking about. I think you got the wrong target.geez Louise....

CTs can be bought in Canada but very difficult to buy, of course no body will sell at 0.0003$. Moreover brokers put restriction to place day order only. I tried to place order for a week period broker canceled the order and emailed me to place order every day.

190 KQ’s

We get shares or $$$. I wish 30 days.

RE: The Big Banks LIBOR

——-//——-

This is not the right message board.

Thanks Real777.

We don’t need SPAM on the MB.

I would like to see more discussion regarding the Derivative Market Meltdown exposure of the “Big Banks.

The Big Banks LIBOR derivative contract writer’s needs to pay up.



Ron

RE: .. consistent with each Beneficiary’s rights of payment as holders of LBHI Stock existing immediately prior to the Commencement
Date,….,

—-//——-//—//

This is so clear that the stocks (OBS) will return to us holders immediately before the commencement date of “satisfied in full”

This is interesting, can anyone that is knowledgeable on this please share their insight, this has a lot of complexities, thank you. Also, are the shares still tradable?

RE: LBIE's IRS refunds.

THIS IS JUST A COMMON SENSE. REFUND IF THERE IS ANY, WILL GO TO LBIE.

IF INTENDED TO BE IN LBHI, IT SHOULD BE IN THE RECEIVABLES.

THERE IS NONE BTW.

STOP THE FALSE HOPE COTTON. YOUVE BEEN DOING IT FOR FIFTEEN YEARS NOW.

LEHNQ IS NUMBER 1 ON THE BOB !!! KEEP IT UP !!! QUESTION?? WHEN DO WE GET $??

🤣🤑🤣 LBIE's Equity Distributions to LBHI2, down the waterfall. We will wait on LBIE's IRS refunds. Just keep on yelling... untill we receive our cash.

RE: Hey TGF tell me again how rich imma gunna be real soon!

———//——-//—-

Thirty days after or else 2025

Hey TGF tell me again how rich imma gunna be real soon! You stirred up the hornets nest again. One can always tell by the sheer number of LBHI ihub posts on any given day if ole TGF has stopped by for a chat! LOL! Gotta love it.
Nobody takes offense at anyone’s posts and innocent name calling and poking. Just look at ole Joisey boy! He’s always calling me a drunk, and he’ll I haven’t had any vodka since breakfast. Hiccup…

RE: Order by UK COURT!!

UK COURT.,,

Comprehend!! UK COURT!!!

OBVIOUSLY LEHMAN IN UK

CONFUSED???

REPOST:
Just in case the person who reads have a hard time in comprehension.

Excerpt:
In the event that all Allowed Claims in LBHI Classes 1 through 11 have been satisfied in full in accordance with the Bankruptcy Code and the Plan,

——//——-

IT IS SO CLEAR THAT THE GOAL IS TO SATISFY IN FULL TO COMPLETE.

AND NOT TO WAIT FOR EUROPEAN PROBLEMS TO SOLVE.

OPERATING REPORT EXPLAINED, THERE WILL BE A SUBSET OF THE COMPANY TO REMAIN TO MANAGE THE UNFINISHED BUSINESS IN EUROPE.

YOU REMOVED MY POSTS JUST BECAUSE YOU DONT AGREE WITH IT AND YOU THINK YOU ARE 100 PERCENT CORRECT!

THAT IS IRRATIONAL ACT!

I'm trying to understand why I need to relax. I'm taking time out of my life to explain what toogood is reading and also to stop the incorrect attacks directed at cotton. I think I've been nice. I'm not trying to win I'm trying to keep this board from becoming a place that calls out people like cotton when the person doing so is making incorrect statements.

STOP IT!! IRRATIONALITY IS NOT WELCOMED.

DONT BRING YOUR RELIGION HERE
THIS IS A DISCUSSION BOARD FOR LBHI

For the love of god I tried to help you understand this from 336 pages of Lehman's examiner report on its accounting structure and record keeping consolidation for SEC reports etc and on its bal sheet to help you. Would you shut the h up?

NO ARGUMENT WITH AN IRRATIONAL

All I ask is to not directly callout someone's information shared irrelevant and not tied to blah blah blah when it is. I have tried and wasted a lot of time to nicely explain and link why the information being called irrelevent toward cottonisking is a false statement. If you're going to say someone's spamming info that doesn't tie to these securities and you're clearly wrong because it's all over and I even took time to link and explain. My last post took a good 25 mins to type, you need to cut it out. Either drop it or agree to disagree then stop spamming how right you are when you are in every accusation you make of irrelevance 100% wrong. I chose to moderate here because I want to keep this a clean place where even if you're not 100% correct you're allowed to share you 2 cents. If you're going to call out cottonisking for example and you're 100% wrong about his info being irrelevant to the securities and LBHI PT distributions etc because you can't grasp the consolidated balance sheet of LBHI and the two UK subsidiaries and then some - I explained for the last time in my latest reply. If he continues doing this he keeps burying information that clearly tries to benefit anyone in this Class 10B securities group as well as his misunderstanding. But to keep on spamming to "be right" you're crossing the line. You continue to post untruths directed at someone who is actually sharing information that matters to the progression of the LBHI PT order of distribution for eligible claims and you need to STFU. This is not a place I want to read like FNMA's board where everyone has to be the king or the big dog that has "been here the longest" etc. This isn't a tribal place and if you're gonna incorrectly spread information and accuse others of spam which its not while you ARE spamming and only for your own "being right" then you should GTFO. You are only ruining this resource for 99% of the people who keep eachother informed. No one cares if you're not right or right. But knock it off about cottonisking because he is sharing relevance toward what you're reading you just don't seem to grasp the consolidated balance sheet and how a non-bank financial institution keeps books but doesn't move cash around like a bank etc.

Excerpt:
In the event that all Allowed Claims in LBHI Classes 1 through 11 have been satisfied in full in accordance with the Bankruptcy Code and the Plan,

——//——-

IT IS SO CLEAR THAT THE GOAL IS TO SATISFY IN FULL TO COMPLETE.

AND NOT TO WAIT FOR EUROPEAN PROBLEMS TO SOLVE.

OPERATING REPORT EXPLAINED, THERE WILL BE A SUBSET OF THE COMPANY TO REMAIN TO MANAGE THE UNFINISHED BUSINESS IN EUROPE.

It doesn't come to LBHI like a transfer from LBIE LBI. I've been trying to politely inform you LBIE is consolidated into the balance sheet of LBHI. Thus if LBIE is doing a Repo 105 transaction where assets were transferred from LBI (US) per the opinion of the UK Linklaters legal stipulations on Repo 105 and that transfer of US-based LBI assets are then sold by LBIE to a Counterparty, they disappear from LBHI's books as soon as LBIE books relinquish control to the counterparty to hold the asset for 7-10 days. Immediately the cash that the counterparty sends to LBIE is automatically on the asset side of the LBHI balance sheet - because it's in the LBIE books and LBIE's book is consolidated in LBHI's balance sheet. This is in every report made by LBHI to the SEC. Now, the rest of Repo 105 need not be explained to make this point.

If "19M ECAPS (distributions from the Administration of LBH PLC) ended up in LBHI's quarterly report," you must grasp that LBHI is not holding the money itself nor is it "transferred" - the report you're looking at is money consolidated from the books of one of the two UK admin subsidiaries and then consolidated as part of LBHI's balance sheet. The "money" you talk about is not yet disbursed from LBH PLC to the shareholders managed by the Joint Administrators appointed to the LBH PLC administration. There is specific documentation from what you're describing that the "money excluded from the cash available to disburse to Class 10A ECAPS I II and III claims in LBHI PT distribution notices is because they are investing that cash in short term investment grade products like Treasuries to gain interest on the total amount of cash they have before the appointed joint administrators are ready to disburse cash from LBH PLC's ECAPS I II and III bond holders. Just like ongoing litigation with potential recoveries from LBIE v AGFP, that amount of cash is not yet in LBIE's possession until they win an appeal, in the same instance - though it is not disbursed like the cash you call excluded, as soon as LBIE receives the cash in potential winning the appeal and ending the litigation > it is also on the balance sheet of LBHI and would show in any sort of notice of distributions as cash for whomever the CH 11 class is set to pay out in order of the consolidated LBH PLC ECAPS claims Class 10A or perhaps to the LBH Capital Trust III, IV, V, and VI issued TruPS (LEHNQ and the three others) to start paying their 10.334B in eligible claims. You also point out my explanation of what the LBH PLC money not yet ready for joint administrators to disburse to ECAPS I II III bondholders (Class 10 A) is doing in the LBHI balance sheet's specified accounting which consolidates both LBH PLC and LBIE's broker-dealer book in it's balance sheet. The growth is from the very investment I described to you that they put that cash not ready for PwC UK's appointed joint admin to dsitribute yet to Class 10A claims so the total amount of money for that class is now 57M USD being invested in short term investment grade things like AAA rated US Treasuries.

The 142M number you have you must be more specific, and the 179M USD for the distribution if you mean LBHI PT 28th distribution on April 4th could be for US subsidiaries issued assets or inter-company lending from LBHI to its subsidiaries in the US to Europe - it could be for the LBH PLC Tier X and Tier Y money to pay ECAPS holders something like 94% of the Tier X round money allocated for that distribution and the 6% to LBHI from LBH PLC's intercompany lending from it's parent it still had not yet paid back because of the order of the overall LBHI PT Classes and who gets paid first. However what you need to understand is that nothing "moves to LBHI"... If LBH PLC issued ECAPS I II and III and since they are not reg with DTCC, the claims are made by a deadline by any of their individual ECAPS bond holders. Then 2 months from that notice the LBH PLC distributions to ECAPS and LBHI in "Tier X" (Y, etc) LBHI will have the money it receives from the distribution already consolidated in it's balance sheet and then be able to distribute or hold on to it for it's own distributions. The money distributed to the ECAPS holders who filed claims before the deadline get their cash and the money ultimately under LBHI balance sheet which was held in the UK (never moved to "LBHI") is removed from the LBHI balance sheet as it is also paid out not from LBHI and transferred from new york but rather just paid out and transferred to whichever brokerage account of bank the claimant filed with his ECAPS claim.

You don't grasp the fact that while the money may leave from the books of LBIE or be distributed from LBH PLC issued ECAPS bonds and claims on LBH PLC both of their financials are rolled into ever LBHI report to the SEC from the parent. By paying down what is owed from a subsidiary administration to a subsidiary issued bond that is consolidated into the parent LBHI balance sheet, LBHI the ultimate parent holdco of these UK administrations, LBI's books etc - LBHI also pays down it's own liabilities by counting the money distributed to ECAPS holders as part of LBHI's % paid toward Class 10A claims eligible for these distributions.

It's not separate. The is a non-bank financial institution so there's no "account transfer" going on, this is merely book keeping in fact you can probably find the different banks being used or even where the invested cash not yet ready to be distributed is being held wherever the money for LBH PLC distributions thru LBIE's books makes a purchase of gilts in the UK or in the US where any cash LBHI has not ready for disbursement to claims is invested in Treasuries and held in account at somewhere like BNY or JPMorgan Chase Manhattan Bank, N.A.

I'm giving you a general idea of what a consolidated balance sheet you're seeing in these LBHI PT SEC filings/distribution notices include and that nothing is transferred "to LBHI" from the UK subsidiaries, rather what is in eithers books, etc is immediately rolled up into the LBHI balance sheet you are looking at.

Please stop trying to say everyone is dumb and you are 100% right. This is a simple explanation for your benefit. I am not doing this to "win" - I just want you to quit spamming trying to prove how "Right" you are.

Who the hell cares?

Just clarifying 336 pages of Examiner reports on how LBHI as the global parent rolls up it's subsidiaries books into its own balance sheet and SEC reports. Now enough of your crusade and anger. Please stop teaching something that no one is asking you to prove.

How exactly is "Posting' 'Cut & Paste' of a Very Important Judgement Order by the UK High Court regarding the 'Settlement' between LBIE , LBHI and 'other parties' that is resulting in 'apportioning the monies' being received as 'Revenue streams' by 'subsidiaries of LBHI' IRRELEVANT to anyone holding any flavor of LBHI Securities/Escrows???

Re: Exactly! IF as TG claims that the two BKs are 'completely unrelated'

——

YOU ARE INVENTING THESE WORDS!!!
I DID NOT SAY IT!!!!

Exactly! IF as TG claims that the two BKs are 'completely unrelated', LBHI need not have to 'keep on waiting' for the BK cases of the 'subsidiaries' across the Pond to close first...there is a reason we are following the 'sequence'...

Awesome! That's what I have been saying all along but you know who will vociferously deny any such inter-dependencies...

…, so by May 4th
Or December 2025
…got it TG thanks

Since you can buy on the Expert Market you might want to look into SBNY/SBNYL.