cottonisking
6 hours ago
LBHI's CTs Holders' Successor Rights are Good!
AI Investors don't typically "steal" stocks in the sense of physically taking them. Instead, the term "stealing" in the context of stock investing usually refers to illegal activities like insider trading or stock manipulation where individuals deceive or defraud other investors for personal gain.
Here's a breakdown:
1. Insider Trading:
This involves buying or selling securities based on material, nonpublic information about a company.
For example, an executive might learn about a positive earnings report before it's released to the public and then buy the stock, profiting when the price rises after the announcement.
Insider trading is illegal because it gives those with access to nonpublic information an unfair advantage, undermining the integrity of the market.
2. Stock Manipulation:
This involves artificially influencing the price of a stock to deceive other investors.
Examples include spreading false information, "pump and dump" schemes (where promoters hype up a stock and then sell their shares at a higher price), or wash trading (buying and selling the same security to create the appearance of high trading volume).
These schemes are designed to mislead investors into making purchase or sale decisions based on false information, ultimately leading to financial losses for those deceived.
3. Why Investors Might Engage in These Activities:
Greed:
The desire for quick profits can be a powerful motivator, especially when investors perceive an opportunity to make large sums of money through illegal means.
Risk Tolerance:
Some investors may be willing to take on higher risks, including illegal ones, if they believe the potential rewards outweigh the risks.
Lack of Awareness:
Some investors may not fully understand the laws and regulations surrounding stock trading, or they may underestimate the potential consequences of engaging in illegal activities.
4. Consequences of Illegal Activities:
Severe penalties, including fines, imprisonment, and restrictions on future trading activities.
Damage to the reputation and credibility of individuals and firms involved.
Erosion of trust in the stock market and financial system.
In essence, while investors may seek out "risky" or unconventional investments, "stealing" stocks refers to illegal activities that involve deception and fraud, not simply taking physical possession of stock certificates.
cottonisking
2 days ago
$7B+ AI Overview
+7
Lehman Brothers' bankruptcy, the largest in US history, has incurred over $7 billion in professional fees, including attorney and other consulting fees. These fees, which are paid from the same pool of money used to repay creditors, have been a significant factor in the overall cost of the bankruptcy process.
Breakdown of Fees:
Law firms:
Over 30 law firms were involved in the case, with fees exceeding $1 billion.
Alvarez & Marsal:
The firm managing the liquidation of Lehman's assets received over $627 million in fees.
Other professionals:
Consultants, accountants, and other advisors also received substantial fees, contributing to the overall total.
Total Costs:
The total expenses for the Chapter 11 and SIPA proceedings reached approximately $7.26 billion, including professional fees and other operational costs.
Key Points:
The fees are publicly available because they are paid from the same funds designated to repay creditors.
The U.S. Trustee Program, which oversees bankruptcies, has been working to regulate spending and ensure maximum recovery for creditors.
Some fees have been deemed excessive, and the Trustee is working on new guidelines to increase disclosure and oversight.
Why are these fees so high?
Lehman's bankruptcy was the largest in U.S. history, involving complex legal and financial issues that required extensive professional expertise. The sheer volume of assets and liabilities, the number of creditors involved, and the need to unwind complex financial transactions all contributed to the high cost of the bankruptcy process.
newflow
3 days ago
JJ. Fair and Equitable; No Unfair Discrimination (11 U.S.C. § 1129(b)).
Based on the Disclosure Statement, the Debtors’ Memorandum of Law In Support of the Global
Settlement, the Debtors’ Memorandum of Law In Support of Confirmation of the Plan, the
Suckow Declaration, and the Debtors’ Response, the Plan (i) does not discriminate unfairly, and
(ii) is fair and equitable as to LBHI Classes 10A, 10B, 10C and 11 and the Equity Interests in
each Debtor, which Classes were deemed to reject the Plan, as required by section 1129(b)(1) of
the Bankruptcy Code.
Page 21/347
https://document.epiq11.com/document/getdocumentbycode?docId=1458176&projectCode=LBH&source=DM
cottonisking
1 week ago
Lehman, this soul of mine was born to chase the wind!
I guess the soul of mine was born to chase the wind
David Ruffin:
Rovin’ Kind Lyrics
[Verse 1]
Not gonna be the one to bring you the news
'Cause I have the one who claimed to be in love
At the crack of dawn, sun shining in my eyes
I'll be movin' on, oh, as an eagle flies
[Chorus]
I don't know why, but my heart, it change its mind
Yes sir, I'll always be
Guess I'll always be the rovin' kind
Got to follow the sun
Stay on the run
Listen, I'm moving on
Got to follow the sun
Stay on the run, yes I have
[Verse 2]
With a tortured song that I know and don't
I'm running 'round
Oh, I love you so, but I know I've got to find
If there's a way to end this urge that drives me on
Wh?n will it end, I can't tell
You see, the highway's still my hom?
[Chorus]
I don't know why, but my heart, it change its mind
Yes sir, I'll always be the ro-
The rovin' kind
I got to follow the sun
Oh, stay on the run, yeah
I'm moving on, moving on
Got to follow the sun
Stay on the run, listen
[Bridge]
From Tucson, Arizona
Down to old San Juan
Through the hills of West Virginia
And the mountains far, far beyond
Rumbling over the backroads of old Tennessee
As I move along, I hum this song
Love's been good to me, yeah
Rolling over the country roads beneath the star-lit skies
I'm a long way from your heart, but I'll be back, by and by
[Verse 3]
Chasing the sun as it goes down in the west
Yes, I'm the guy who will never know rest
But I'm back again to find my rainbows' end
I guess the soul of mine was born to chase the wind
[Chorus]
I don't know why, but my heart, it change its mind
Yes sir, I'll always be
The rovin' kind, yeah
Got to follow the sun
Stay on the run
I'm moving on
Got to follow the sun, yeah
Joe Stocks
1 week ago
Oh, my...you all are still here. It is been a while. I thought the LBHI was suppose to close the books in 2025. The the fate of the CT's was known back in 2012 with the approval of the Liquidation plan. Yet, you are still married to this stock 13 years later - 17 years after filing BK. Codependency? ...excessive emotional or psychological reliance on a partner (CTs), typically one who requires support (LBHI) on account of an illness or addiction (or bankruptcy).
I do hope that young man, SwissCheese, moved on.