Lehman Brothers Financial SA (LEHNQ)

[slimugrian]

hypothetical possibility
- BK could be over in 2020 - ~3 years not Hypothetical. That is the LIMIT. It will be over in 2020

How can you be so sure 2020 is the limit? Admistrators can ask another extenion of plan trust. Some hyper-magic-unpredictable circumstences and poof ... extension granted.

NOLs can by carry forwarded up to 20 years. In most pessimistic case we are almost half way done and the other half is still ahead. I repeat this is most pessimistic scenario. I know the general feeling ... I'm tried as hell of this saga too but afer all those ups and down and twists and turns I would not be that surprised if we get another plan trust extenion in the end of 2019. Sorry for the downbeat tone.