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Lehman Brothers Financial SA (CE)

Lehman Brothers Financial SA (CE) (LEHNQ)

0.0003
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Closed February 18 3:00PM

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cottonisking cottonisking 13 hours ago
🐎🐎🐎 Section 1: Introduction
Introduction
This is the 32nd progress report prepared by the Administrators of the Company.
This report provides an update on the work the Administrators have undertaken, with a particular focus on progress
made in the Reporting Period. Earlier reports can be viewed on the Administrators’ website at
https://www.pwc.co.uk/lbhi2
Objective of the Administration
The Administrators are pursuing the objective of achieving a better result for the Company’s creditors as a whole than
would be likely if the Company were wound up (without first being in Administration), and continue to manage the
Administration in accordance with the proposals approved by creditors.
Outcome for creditors
Unsubordinated Creditors
As previously reported, the claims of the unsubordinated, unsecured creditors, including post-administration statutory
interest, have been paid in full.
Subordinated Creditors
We previously confirmed that the dispute between the Company’s two subordinated creditors, LBH and SLP3 had been
decided in favour of LBH meaning that SLP3 will not receive any distributions from the Company.
👉️Shortly after the reporting period, LBIE advised that it has been unsuccessful in its application to appeal the previous
judgment in favour of AGFP, an update reflecting the conclusion of the litigation and the impact on the LBIE
administration will be published in LBIE’s next progress report.👈️
The level of further returns to LBH as the successful subordinated creditor continues to be uncertain at this time; we
will be able to provide an updated outcome in the next report when we are able to incorporate the expected updated
information from LBIE. The factors affecting the eventual outcome are detailed in Section 2.
During the Reporting Period the Company paid £13m to its priority subordinated creditor, LBH. We also anticipate an
updated illustrative outcome for the ultimate unsecured creditors of LBH will be shared on the LBH website in due
course.
During the period, a final sum of £41.4m was received in respect of Statutory interest on the Company’s unsecured
claim against LBL.
On 16 December 2024, a notice of intended dividend was issued with the distribution to be declared and paid shortly.
Why we remain in office
The Administrators remain in office to continue to receive dividends from the Company’s subsidiary, LBIE; to make
further distributions to its creditors and to comply with the Company’s obligations to Wentworth.
They also continue to deal with ongoing tax and VAT matters and statutory tasks.
Further details are contained within the body of this report.
What you need to do
This report is for your information and you don’t need to do anything.
This report and future updates
👉️We are currently considering whether a further extension to the administration will be required. We will provide another
update on this in our next report.👈️
The Administrators’ next formal progress report to creditors will be in approximately six months’ time, and will be
posted to the website. If you have any questions, please contact the Administrators at uk_lehmanaffiliates@pwc.com
Signed
Gillian Bruce
Joint Administrator
LB Holdings Intermediate 2 Limited - in administration
4 Joint Administrators’ progress report from 14 July 2024 to 13 January 2025
👍️ 1 ✅️ 1
JERSEYHAWG JERSEYHAWG 1 day ago
Frank Sinatra feels good about it to.

👍️ 1
s404n1tn0cc s404n1tn0cc 1 day ago
Great update Stock. Looks like the Trading if the swaps is ending and comming to and end.
Per your find "Pursuant to section 8.11 of the Plan and the Order, for purposes of the Thirtieth Distribution
Date, the Plan Administrator will not recognize any transfer of Claims after February
22, 2025 (the “Record Date”) Could this be the "END"
Our Hopes are High.
GLTY and All.
👍️ 5
k-1 k-1 1 day ago
Perhaps this could speed up the FDIC's efforts to close the cases as quickly as possible?

"
DOGE is looking for help from the general public!

Please DM insight for reducing waste, fraud, and abuse, along with any helpful insights or awesome ideas, to the relevant DOGE affiliates (found on the Affiliates tab). For example,
@DOGE_USDA
,
@DOGE_SSA
, etc.
We will add more affiliates over time.
"
https://x.com/DOGE/status/1891288881674240070
👍 1
JJPK JJPK 1 day ago
Considering what I paid, I'm in till the end.
I got in because someone 'in the know' said
"Buy as much as you can, put them under your pillow and forget about them"
So I did.
I think this Spring or Fall.
But it's anyone's guess.

Good Luck to all.

Joe K.
👍️ 3 💯 1
stockanalyze stockanalyze 2 days ago
how long more you think? i am till end even if it takes another 17 yrs, i am sure everyone is in the same boat, sunk cost
👍️ 2
bluebird50 bluebird50 4 days ago
Yes, but us Lehman winners are still here!!! 😉
👍 7 💯 2 😂 1
JJPK JJPK 4 days ago
Happy Valentines Day.
Que The Doors "This is the End"

NOTICE OF THIRTIETH
DISTRIBUTION DATE AND RECORD DATE IN CONNECTION
WITH THE MODIFIED THIRD AMENDED JOINT CHAPTER 11 PLAN
OF LEHMAN BROTHERS HOLDINGS INC. AND ITS AFFILIATED DEBTORS
PLEASE TAKE NOTICE:
? In accordance with sections 1.48 and 8.3 of the Modified Third Amended Joint Chapter 11
Plan of Lehman Brothers Holdings Inc. and Its Affiliated Debtors, dated December 5, 2011
[ECF No. 22973] (the “Plan”),1
and the Order in Aid of Execution of the Modified Third
Amended Chapter 11 Plan of Lehman Brothers Holdings Inc. and Its Affiliated Debtors,
dated January 31, 2013 [ECF No. 34348] (the “Order”), the thirtieth Distribution Date is
scheduled for April 3, 2025 (the “Thirtieth Distribution Date”).
? Pursuant to section 8.11 of the Plan and the Order, for purposes of the Thirtieth Distribution
Date, the Plan Administrator will not recognize any transfer of Claims after February
22, 2025 (the “Record Date”).
? The Plan Administrator may not make any Distribution to a holder of an Allowed
Claim unless such Claim holder has submitted or submits, on or before March 5, 2025,
both the appropriate (i) Internal Revenue Service tax form (“Tax Form”) and
(ii) certification pertaining to Office of Foreign Assets Control compliance (“OFAC
Certification”). For further information concerning the Tax Form and OFAC Certification,

1 Capitalized terms used but not defined shall have the meanings ascribed to them in the Plan.
08-13555-mg Doc 61752 Filed 02/14/25 Entered 02/14/25 12:29:29 Main Document
Pg 1 of 2
2
WEIL:\99926443\1\58399.0011
please review the Notice to Holders of Allowed Claims Regarding Plan Distributions, dated
February 15, 2012 [ECF No. 25392]. Copies of the Tax Form and form for OFAC
Certification are available at www.lehman-docket.com. Consult the claims register on this
website to determine whether a Tax Form previously submitted is still valid.
Copies of the Plan and related documents are available for inspection during regular business
hours in the office of the Clerk of the Bankruptcy Court, Alexander Hamilton Custom House,
One Bowling Green, New York, New York 10004. Copies are also available for registered users
of the Bankruptcy Court’s filing system by accessing the Bankruptcy Court’s website
(www.nysb.uscourts.gov) and for all parties at www.lehman-docket.com.
Dated: February 14, 2025
New York, New York
👍️ 3
stoxjock stoxjock 4 days ago
Docket #61752 out ..There's going to be a Thirtieth Distribution....Hope we Close after April 15th...

Docket# 61752
👍️ 4
stoxjock stoxjock 4 days ago
No... You 'Popped Up Here', Right? So, Obviously Lehman Losers like you have not Given up!
👍️ 1 🔥 1
s404n1tn0cc s404n1tn0cc 5 days ago
Still here.. Playing with my 50 Banjo's.
HEHH Say hello to Hugh Williams for me. HAHAH
https://www.youtube.com/shorts/cVvFvcssHik

HAHAHA. Your no Hugh Williams. Nice try
Get some banjo. or Resurrection. 2.5 Days
Figurative process.
Cristos
IMO
👍️0
Banjo50 Banjo50 5 days ago
No posts here for three days. Have the Lehman losers finally given up? LOL
👍️0
ron_66271 ron_66271 1 week ago
SWF Can Be the Solution.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175788985



Ron
👍️0
joyceschoice joyceschoice 2 weeks ago
How was everyone's week? Good... excellent.

https://financialnarrative.org/news/1116219

Don't forget to take your doge for a walk.
👍 1
ron_66271 ron_66271 2 weeks ago
Real777 What Do You Think?

https://investorshub.advfn.com/boards/replies.aspx?msg=175772714

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175772714

You are one of the few posters that I have found to understand the Derivative Market.



Ron
👍️ 1
JC Pinny JC Pinny 2 weeks ago
Great…, cause then it wouldn’t be a coincidence if it happened~ thanks
👍️0
s404n1tn0cc s404n1tn0cc 2 weeks ago
Yup Insiders suppressing the American Markets Solid Gold Askholes.. IMO
Next step they will try to legally steal our shares by any legal means Nessessary.
Ohh Yah their trying to do that all ready. By removing the number of "Wrothless "
Shares. In your accounts. Brokers "Were so concerned about absolete data"
Yah sure.
Go Lehman!!
👍️0
s404n1tn0cc s404n1tn0cc 2 weeks ago
WOW I hope. Think the Prez stopping the DNC gravy train for the last 25 years is ending . How do yah know.
FNMA and FMCC moving higher. And I think LEHNQ will begin moving soon. Although with a lag. IMO
👍️ 2
s404n1tn0cc s404n1tn0cc 2 weeks ago
Sure it was "Before 1933, inaugurations were held on March 4," HEHE
💥 1
JERSEYHAWG JERSEYHAWG 2 weeks ago
Boy ed you like them bones.

You been down south? Hit it big.
👍️0
edbk46 edbk46 2 weeks ago
first of the three
ew HUD Chief Sets Sights on Fannie, Freddie, Cost-Cutting and New Name
Scott Turner says he plans to quickly launch a review to root out inefficiencies at the agency
By
Gina Heeb
Follow
,
AnnaMaria Andriotis
Follow
and
Corrie Driebusch
Follow
Feb. 5, 2025 7:11 pm ET





Gift unlocked article

Listen

(5 min)


Scott Turner would like to change the name of HUD.
Scott Turner would like to change the name of HUD. Photo: Kevin Dietsch/Getty Images
Scott Turner, who was confirmed Wednesday to lead the Department of Housing and Urban Development, said a cross-government effort to privatize Fannie Mae FNMA 9.12%increase; green up pointing triangle and Freddie Mac FMCC 6.10%increase; green up pointing triangle will be a priority as he takes the helm of the agency.

In an interview with The Wall Street Journal, Turner said HUD would work with the Treasury Department and Congress on privatization of the mortgage-finance firms and that he would act as a “quarterback” of sorts in the process. The efforts to free the firms from government control would also involve the Federal Housing Finance Agency, which oversees Fannie and Freddie.

“There are partners that will be at the table and obviously we’ll be one of them,” said Turner, a former NFL player and Texas lawmaker. “When you’re a quarterback, you’ve got to work with the entire huddle.”

Separately, advisers, lawmakers and bankers have passed around proposals detailing how privatization could support the Department of Government Efficiency, the cost-cutting effort led by Elon Musk, according to people familiar with the discussions. Other proposals have discussed using proceeds from any transaction to fund the tax reforms Trump has promised.

There is no guarantee a plan will come together quickly or be carried out, not least because it remains to be seen how much of a priority privatization is for Trump.

A different HUD
Turner says he will move quickly to launch a broad review to root out inefficiencies and streamline HUD, which aims to improve home affordability and access and oversees the Federal Housing Administration. All programs and policies “will be looked at with a fine-toothed comb,” he said, including those related to diversity, equity and inclusion.

Also under discussion are return-to-office policies that would likely drive some workers to leave.

The changes will come at a fragile moment in the U.S. housing market, with many Americans priced out by elevated mortgage rates and prices.

Trump has called for departments and agencies to pursue policies that would lower housing costs. He has also sought cuts to the federal government, a crackdown on DEI initiatives, tariffs and mass deportations, moves that have drawn criticism from some housing advocates who say they will worsen affordability and accessibility.

Turner will seek to ease federal regulations to help lower housing costs and encourage state and local governments to do the same. He said he would continue to work on so-called opportunity zones, which were touted in the first Trump administration as a way to encourage investment in low-income areas.

The administration plans to allow more building on federal lands, which Turner said could include rural, urban and tribal areas. He plans to travel around the country, in part to see what land is available.

Turner would like to change the name of HUD to better reflect its reach, which he said should include rural and tribal communities. A new name would “take a lot of time and conversation and thought,” he said, and require congressional support.

Privatization efforts
Fannie and Freddie bundle and sell mortgages, with a government-backed guarantee to protect investors from losses when homeowners default. That allows banks and others to originate more 30-year, fixed-rate mortgages.

Skeptics have cautioned that privatizing Fannie and Freddie could, if not done carefully, drive away buyers of mortgage-backed securities and lead to higher mortgage rates.

As part of the 2008 financial crisis rescue, the Treasury Department got warrants to purchase about 80% of Fannie and Freddie’s common shares, as well as senior preferred shares. Other investors own junior preferred shares and common shares.

At least one proposal circulating among members of Trump’s team in recent months that was seen by the Journal estimates the privatized entities would be valued above $330 billion, with over $250 billion of that coming from the warrants’ conversion to common shares.

Fannie and Freddie would raise another $20 billion to $30 billion from new investors as part of the plan, akin to an initial public offering. A raise of that size would put it on par with the largest IPOs of all time.

Privatizing Fannie and Freddie was touted as a way to “deliver a win for President Trump,” according to one memo circulated late last year among members of the transition team and Congress and viewed by The Wall Street Journal.

Politicians, policy analysts and bankers have grappled for years with whether there is a practical way to release Fannie and Freddie from government control. Attempts to do so before, including in Trump’s first term, were short-lived because of how complex such a transaction would be. The Obama administration had also punted on the question of what to do with the firms.

Write to Gina Heeb at gina.heeb@wsj.com, AnnaMaria Andriotis at annamaria.andriotis@wsj.com and Corrie Driebusch at corrie.driebusch@wsj.com

Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

toss up between lehman and wmi as the next to fall

libor SJ decision next

edbk46

Jersey
just a simple three hits in a row
a yo then aces then a twelve
being greedy
come out is an eight hard way hit next throw
👍️ 1
bluebird50 bluebird50 2 weeks ago
I noticed that earlier.... was doing my taxes trying to figure out how much I put in my Roth and seen it had jumped up quite a bit.   Not soon after it was back down.   

Good grab for someone!  
👍️0
JERSEYHAWG JERSEYHAWG 2 weeks ago
No offense to anyone here.

Its been so long it's boring by now.

So glad to be getting tired of it and following other outside interests.

Of course I wish us all.well.
👍️ 2
solgari solgari 2 weeks ago
Isn't it strange that the price is painter over with 0.0003 at all times? as is coordinated/controlled by someone. Cannot wait to see these get out of the grey market and listed back in the exchange.
👍 1
indepth05 indepth05 2 weeks ago
13787 shares K's @ 0.051
👍️ 2
JC Pinny JC Pinny 2 weeks ago
Any of you guys and gals see the articles about JP MORGAN CHASE bringing back 4 Billion dollars/30,000,000 ounces of GOLD back to the USA amidst fears of TRUMPS tariffs??? How many other banks will follow suit and I wondering what impact it’ll have on this BK11. Thanks
👍️0
cottonisking cottonisking 2 weeks ago
In 2024, you told us about two 18 year old twin sisters. If they are still your girlfriends, let them manage your money. This is too much money to worry about at our age.

Your best friend,
/S/ TooGoodToWorry
👍️ 1
toogoodfella toogoodfella 2 weeks ago
RE: If 333,000 stays unsold: 
Interest @ 6% = 19,900/year

----//-----///-----


If 1,000,000 is making 6% Percent interest:  
60,000 per year and my descendants will continue to receive it if i die.


If 1,000,000 is sold,
Total proceeds: 667,000 lump sum




👍️ 2
JERSEYHAWG JERSEYHAWG 2 weeks ago
HAHA. thanks Joe

SOON it is
👍 1
JJPK JJPK 2 weeks ago
Considering what I paid for them,
I have no problem paying 33%.
Real nice return.
And for Jersey.... SOON..!

Joe K.
👍️ 1
toogoodfella toogoodfella 2 weeks ago
LONG TERM CAPITAL GAIN TAX IN CALIFORNIA 20 Percent Federal, 13.3 Percent state. 
TOTAL ?? 33.3 percent.

If your gain is 1,000,000:
Total tax = 333,000

If 333,000 stays unsold:
Interest @ 6% = 19,900/year



👍️ 2
toogoodfella toogoodfella 2 weeks ago
RE: We could all agree to be bought..


----//-----/:----


It is the  individual holders right to decide to sell or not to sell in the open market.


While LBHI's right is to redeem anytime they want to redeem even before the maturity date.
👍 3
toogoodfella toogoodfella 2 weeks ago
WE BOUGHT IT IN CENTS
Selling price will be 99 percent capital gain. Uncle Sam will take a large portion of it.
I'd rather keep it as unrealized asset that will make a guaranteed interest every year as long as LBHI exists.

👍 4
The Godfather The Godfather 2 weeks ago
Then why does this report from PwC state that LBH will take several years to resolve outstanding lawsuits? This is from their Dec 2024 report. Can you review the document and kindly share your thoughts?

https://www.pwc.co.uk/services/business-restructuring/administrations/lehman/lehman-brothers-holdings/other-notices.html
👍️0
cottonisking cottonisking 2 weeks ago
Barclays Capital, Morgan Stanley and Bank of America Merrill Lynch are joint bookrunners for the offer. A prospectus was filed by BlackRock on Monday.

https://www.reuters.com/article/us-barclays-blackrock/barclays-to-sell-6-billion-blackrock-stake-idUSBRE84K0FT20120521/
✅️ 1
cottonisking cottonisking 2 weeks ago
AI Overview



+1
BlackRock owns a percentage of Barclays, but Barclays previously owned a stake in BlackRock.
BlackRock's ownership of Barclays
As of January 25, 2024, BlackRock owned 8.6% of Barclays PLC
In February 2023, BlackRock owned 8.7% of Barclays Bank Plc (BCS)
Barclays' previous ownership of BlackRock
In 2009, Barclays sold its asset management firm Barclays Global Investors (BGI) to BlackRock
In 2012, Barclays sold its nearly 20% stake in BlackRock for $6.1 billion
BlackRock and Barclays' other transactions
BlackRock purchased BGI from Barclays for £4 billion in cash and a 19.9% stake in the new business
BlackRock also holds stock options for Barclays

AI Overview



+1
No, BlackRock owns Barclays Global Investors (BGI), not the other way around. BlackRock acquired BGI in 2009 for $13.5 billion. The deal made BlackRock the world's largest asset manager.
Explanation
In 2009, BlackRock purchased BGI, which included the iShares ETF platform.
The deal was a landmark in the industry.
The acquisition more than doubled BlackRock's assets under management.
The deal also helped BlackRock become the world's largest ETF provider.

AI Overview


According to current information, the "Lehman Brothers" trademark is currently owned by Barclays Capital Inc., as they acquired the mark from Lehman Brothers during its bankruptcy proceedings and continue to use it, even in a limited capacity, to manage the remaining assets of the defunct company;.
Key points about the Lehman Brothers trademark:
Current owner: Barclays Capital Inc
Acquisition method: Purchased during Lehman Brothers bankruptcy
Usage: Barclays still uses the mark for managing legacy assets and winding up Lehman Brothers business
✅️ 1
cottonisking cottonisking 2 weeks ago
Continue with BlackRock,


In June 2023, BlackRock filed an application with the United States Securities and Exchange Commission (SEC) to launch a Spot Bitcoin Exchange-Traded Fund (ETF), and in November 2023 it filed another application for a Spot Ethereum ETF. The spot bitcoin ETF filing and 10 others were approved on January 10, 2024.[58][59] On January 19, 2024, the iShares Bitcoin Trust ETF (IBIT) was the first spot bitcoin ETF to reach $1 billion in volume.[60]
.
.
.
In July 2023, the company appointed Amin H. Nasser to its board.[61] Nasser, the Chief Executive Officer of Saudi Aramco, the world's largest oil company, will fill Blackrock's board vacancy left by Bader Alsaad in 2024.[6

https://en.m.wikipedia.org/wiki/BlackRock
✅️ 1
cottonisking cottonisking 2 weeks ago
] In May 2009, BlackRock Solutions was retained by the U.S. Treasury Department[30] to analyze, unwind, and price the toxic assets that were owned by Bear Stearns, American International Group, Freddie Mac, Morgan Stanley, and other financial firms that were affected in the 2007–2008 financial crisis.[31][32] The Federal Reserve allowed BlackRock to superintend the $130 billion-debt settlement of Bear Stearns and American International Group.[33]
.
.
.
In February 2010, to raise capital needed during the financial crisis, Barclays sold its Barclays Global Investors (BGI) unit, which included its exchange traded fund business, iShares, to BlackRock for US$13.5 billion and Barclays acquired a near-20% stake in BlackRock.[34][35

https://en.m.wikipedia.org/wiki/BlackRock
✅️ 1
real777mellon real777mellon 2 weeks ago
We could all agree to be bought out collectively. There could be an offer to take 100% and we can vote.
👍️ 1
JERSEYHAWG JERSEYHAWG 2 weeks ago
Its a nice interest rate.
If you have enough shares.

Git R Done as jimzin says
👍 2 🚀 1 ⏬️ 1
toogoodfella toogoodfella 2 weeks ago
RE: Won't they have to buy them on the open market?
------//--------//////---


Correct! And if the holders will sell it....   I WON'T ! 

I will try to live with my six percent interest every year.






👍️ 3 ⚠️ 1
goodietime goodietime 2 weeks ago
"and there will be an interest party in buying all 48M LBH Capital TPS because they are imo, T1 capital -"

Won't they have to buy them on the open market?
👍️ 2
cottonisking cottonisking 3 weeks ago
Thank you, pay us this week, just kidding around team! Soon. Boy, where have you been? I have been worried about you. Did that storm wash away your sweet potatoes' moonshine making barrels, in North Carolina? Did the fire in California burn down the factory that produce your West Coast moonshine's labels? 😂
👍 1
Jimzin Jimzin 3 weeks ago
That's about the smartest dang post on here in a long time!  You sir have a keen eye and a master at connecting the dots...and this board is a better place because of your skill. 

Cheers!
👍️ 3
dhyan40 dhyan40 3 weeks ago
The Silver Suppression and Systemic Risk
Silver continues to be a key industrial and monetary asset. The current gold-to-silver ratio stands at 88:1 - significantly above historical norms of 16:1 - prompting discussions around price alignment. With a four-year supply deficit and increasing industrial demand, market conditions are being closely monitored.

Russia’s recent announcement of state silver purchases adds another dimension to global silver demand. Meanwhile, paper silver markets operate with high leverage, where physical availability remains a factor in potential price movements. https://www.zerohedge.com/news/2025-02-01/bill-holter-silvers-role-coming-market-reset
👍️0
real777mellon real777mellon 3 weeks ago
I understand your frustration. But JP Morgan Chase is about to become the most powerful bank there ever was - but there's a happy ending for us as well as Fannie and Freddie shareholders tied to that.
👍️ 1
real777mellon real777mellon 3 weeks ago
Excited for all those Fannie Mae, Freddie Mac securities they used for Repo 105 in LBIE and 3 different UK banks in London for $50B cash get revalued and especially onto the $NYSE with the end of the conservatorship and off the OTC so they have to appear on the LBHI consolidated balance sheet once more.

That'll add a bit of VALUE to the LBHI Plan Trust - right?
👍️ 1
real777mellon real777mellon 3 weeks ago
Time leads me to believe the CH 11 will end. We will get our cash distributions owed since 9 17 2008 in our brokerage account and there will be an interest party in buying all 48M LBH Capital TPS because they are imo, T1 capital - the property trustee account as Chase Manhattan Bank, NA has all of whatever type of money and assets since suspension due to the CH 11 still in those accounts - making these assets have value to anyone wanting to come in and acquire them for part of their investment bank expansion into the US. Deutsche Bank has been awfully active in the CH 11 litigation and also picking up ECAPS from subsidiaries in the UK Administration. They have as recently as this month stated they want to get IN to the United States investment banking business - and as recently as 2023 Barclays CIB was looking to exit. Who knows what will happen - but we know Donald J Trump will approve Deutsche Bank AG looking to get into the US market.

https://seekingalpha.com/article/3762336-lehman-brother-holdings-capital-trust-preferred-stocks-still-trading-after-all-these-years

Remember the media tried to make the Trump "Fraud" trial he won in the Appellate Court vs Letitia James look like he also had a bad history borrowing form Deutsche Bank and he was somehow at odds with them. Deutsche Bank came to the trial to testify Trump was a "model borrower" and always paid his loans on time. They said the loans were performing. Deutsche Bank is definitely going to get their approval to be in the US investment bank game and Trump has a very FAVORABLE relationship with them. Just as Deutsche Bank AG sent in an amicus brief in the most recent Court of Appeals and made a case that common sense would have been totally in favor of LBIE v AGFP and overturned the ruling of the lower courts - they have been honest about everything. That leads me to believe that Trump and SCOTUS will not let the ruling ruin the entire ISDA Master Agreement and the ability to honor the payments as agreed to in the entry over both parties into these contracts.

https://www.businessinsider.com/except-for-fraud-donald-trump-was-good-deutsche-bank-borrower-2023-10

Full speed ahead. We will not have to fight in court for justice. Donald J Trump and SCOTUS aren't letting these corrupt politicized NY Courts get away with this and ruin private contracts tied to $677 trillion in derivatives markets as Ron has said many times.
👍 7 🔥 1 ❤️ 1
JC Pinny JC Pinny 3 weeks ago
I believe he’s stepping down before April, cause wasn’t March the date for normal inauguration’s??? Let’s get paid before then :)
👍️0
cottonisking cottonisking 3 weeks ago
🤫🤭🙃


Who is the real owner of BlackRock?

Larry Fink is the founder, CEO and chairman of powerhouse investment management firm BlackRock, one of the world's largest asset managers. He and seven partners founded BlackRock in 1988. Originally it was part of The Blackstone Group. 👉️BlackRock was spun off from Blackstone in 1994 and went public in 1999.👈️
https://www.forbes.com
Larry Fink - Forbes

Blackstone was founded by Peter Peterson and Stephen A. Schwarzman in 1985.
👉️The two had previously worked together at Lehman Brothers and Kuhn, Loeb Inc. 👈️
They started the firm with $400,000 of their own money.


👍️ 2

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