Lehman Brothers Financial SA (LEHNQ)

[slimugrian]

It's another case it's separate.

Yes, Europe is or should we say was administreated separately but now that it is bassically done it should be consolidated back under LBHI. There was surplus in Europe which means there are also assests that will be brought back under LBHI management.

Same is with all the other separately administrated Lehman entities where was surplus. Some Asian countries and Australia if I'm not mistaken.

Getting back the control of entities that were administrted separately is where the rabbit's foot is buried IMHO. No resolution for LBHI before rest of the Lehman entities adminstration is done.

Jim is correct ... look across the pond.

Just my 2 cents.
Slim