List Italian companies involved in the scandal lehman!
There are almost all the major Italian companies, listed and unlisted, private, but especially with public capital, and institutional representation, between regions and the Ministry of 'Economic, between counterparties that have entered into derivative contracts with Lehman Brothers Holdings (Lbhi) and controlled The group ended up in Chapter 11 in September. For the first time Lbhi provided a detailed list of its spread and potential creditors, including about 70 Italians, most complex financial instruments than bonds, which instead ended up in the hands of small Italian investors. The administrator of American society, Alvarez & Marsal, has not indicated the notional value of contracts, let alone not specify whether and how much is due to the counterparties, but for the moment, merely to inform their partners that this is the list of credits recognized third in the balance sheet of the group.
The derivatives in question have been signed with a subsidiary of Lbhi, the Lehman Brothers Special Financing, which according to initial estimates of A & M liability position on those contracts for about 12 billion dollars (about 16 billion total in the group). There are many famous names of Italian companies so far remained in the shadows. Among the major groups of public capital are all the more: Eni, Enel, Terna, the Italian Post Office, but also Finmeccanica and Rai. These two, indeed, had already left uncovered in January, when they applied for registration of claims: the first for 479 thousand U.S. dollars, the second for 526 thousand. Too broad representation of private groups or privatization: Telecom Italy and names only now emerged as Seat Pagine Gialle, Wind, Mediaset, Italmobiliare, Barilla, Ferrero, Candy, De Longhi. Among the banks obtained for the first time the names of Mediobanca, MPS, BNL together with already known Intesa Sanpaolo and Italease. Vast is the representation of banks (including Banco Popolare) and credit cooperatives, including Iccrea, then Meliorbanca Fineco, Interbanca and then General and land. There's even the fund board for the staff of the Bank of Rome. And yet, as the former municipal company Bolognese Hera and the Concessionaire games Sisal. The long list also includes two derivatives made payable to the Department of Economics and one made payable to the Fund deposits and loans. And again: There are contracts on behalf of Regione Marche, Lazio Region and the Region of Sicily, even if it is entered under the heading "United States" instead of "Italy". Concerning the regions, the exposure was known, the first two: there was talk of contracts in the money for about two million. The position of the Department of 'Economics is more complex: the aftermath of the Lehman default, sources from the ministry had stated that being with the group were swap contracts notional value of 35 billion euros, but that the assessment of contract to September 15 appeared to show a liability position of the ministry for 2 billion. From the findings in those days, however, it seemed that most of the department's position was to the London company of the group, which now fall under any other insolvency proceedings. The position towards the group U.S., therefore, may instead be creditors, but at present this is not specified, nor is known the amount of credit, which could also be contained. By mid-August A & M should provide an accurate assessment of the 'amount of debt that has to counterparties on derivative contracts: for now, the estimates are to be paid $ 16 billion against about 21 billion to be received, particularly from partners such as JP Morgan.

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