We show in a precise group theoretical fashion how the generating solution
of regular BPS black holes of N = 8 supergravity, which is known to be a so
lution also of a simpler N = 2 STU model truncation, can be characterized a
s purely NS-NS or R-R charged according to the way the corresponding STU mo
del is embedded in the original N = 8 theory. Of particular interest is the
class of embeddings which yield regular BPS black hole solutions carrying
only R-R charge and whose microscopic description can possibly be given in
terms of bound states of D-branes only. The microscopic interpretation of t
he bosonic fields in this class of STU models relies on the solvable Lie al
gebra (SLA) method. In the present paper, we improve this mathematical tech
nique in order to provide two distinct descriptions for type IIR and type I
IB theories and an algebraic characterization of S x T-dual embeddings with
in the N = 8, d = 4 theory. This analysis will be applied to the particular
example of a four parameter (dilatonic) solution of which both the full ma
croscopic and microscopic descriptions will be worked out.