Lehman Brothers Financial SA (LEHNQ)

[stockmojo9]

toogood,

I'd agree unless LBHI & JPM think of letting Barclays, Nomura or Neuberger Berman make the most of them and assume the liability.

Obviously, it would give LBHI & JPM less liability to worry about and more capital to allocate elsewhere.

If LBHI or JPM keep the TRuPS, they can bring them current so inexpensively, the only reason they wouldn't would be that they could cancel them without the liability through the Courts.

And, if LBHI are giving up on the TRuPS, what else are they giving up on during this bankruptcy and POR?

mojo