Lehman Brothers Financial SA (LEHNQ)

[memesphere]

my whole bet here with lehman i feel prety good about, still have preferred shares in OBS. not sure how i feel about cts. these ct trust guarantee seem to hinge on trusts' ability to distribute funds- if the trust have funds available for distribution. idk, the cts were entities created out of inter-company debt and could be forgiven-so no funds for distribution as we were told in guarantee SMANP is a ct trust that isnt even BK but still trades and i dont think that guarantee is being enforced. company cts are attractive for tax treatment and higher yielding divis but i dont think guarantees that strong. another example bk7 Anthracite Capital (blackrock). please enlighten me if off basis or me thinking screwy