Lehman Brothers Financial SA (LEHNQ)

[StockJoker]

I never thought for a second we would get a payment in the 6th distro...classes 3 4a 4b and 5 under LBHI claims are still not in full..also I still do not expect a payment other than a interest payment as LBHI would have funds to make payment on interest...

No reason for them to redeem at this point...The redemption date on my CT's is 2053 unless they chose to redeem...Things I do think about

We may get redeemed with shares of a new company if a spin off happens
or dischaged...Some say..We can not be discharged, but I feel different...If we were to get redeemed into junior debt and then discharged when class 10b gets discharged at the end..

My other thing is...How are they allowed to not pay the interest?
Does anyone know how they are allowed to not pay the interest pass 20 quarters...
Other than that..I hope we get redeemed into shares of a new company and not redeemed into junior debt and discharged