Lehman Brothers Financial SA (LEHNQ)

[hestheman]

Joe...you are simply interpreting this wrong. You just basically stated that CTs are NOT a guarantee claim but rather an allowed claim under class 10B, correct? That, I agree with. However, you are somehow interpreting this excerpt to mean that the distribution is only going to holders that have guarantee claims against LBHI. That is NOT correct. Why don't you try reading the excerpt this way >> The investments will make immediately available for distribution to holders of Allowed claims against LBHI, including holders of Allowed Claims against LBSF and LBCC with corresponding Guarantee Claims against LBHI. If you can interpret the excerpt this way, we can "all feel better having learned something".