"1,630 green canvas duffle bags with Lehman ribbon, 353 green compact golf umbrellas, 75 Waterford Marquis Treviso crystal clocks, 682 white Lehman coffee mugs, 130 Swiss Army pens, an English beechwood-lined sterling silver box from 1902, 200 Lehman conference pens, 12 pairs of Links of London cufflinks, 24 Screwpull wine openers inscribed “LB,’ 24 Titleist PRO VI golf balls inscribed “LB,” 30 girl Teddy Bears, 18 large, ivory womens’ F&G stretch snap shirts and one Tiffany shooting star."For just about $62,500,000 per item, you can help eliminate this debt, and help put this bankruptcy behind all of us. And look on the bright side: at least you get an umbrella or coffee mug in return. Let the bidding begin!
"Profit from your knowledge!"
The Bull Bear Trader discusses market events and news with an interest in understanding risk and return in both bull and bear markets. Discussion topics include trading and hedging strategies, derivatives, risk management, hedge funds, quantitative finance, the energy and commodity markets, and private equity, as well as an occasional investment opinion.
Sunday, March 22, 2009
Finally - A Way You Can Help The Financial Crisis
It turns out that Lehman Brothers Holdings has negotiated the return of knickknacks that were sent to Barclays by mistake (see Bloomberg article). The items are being returned so they can be sold, with the proceeds being used to pay creditors, which currently have about $200 billion in unsecured liabilities. Items for possible sale include:
No comments:
Post a Comment