Lehman Brothers Financial SA (LEHNQ)

[stockmojo9]

Don't you think there is "conflating" going on, argus?

What is happening in the UK is one thing.

What happens in the US with LBHI & the CTs is another.

LBHI Preferreds for ECAPS is yet another.

What makes you think the LBHI Preferred Substitute Issue is for the CTs?

Cotton's cut & paste must be read carefully because he uses the ECAPs LP docs from their initial placement and they have been re-registered this year and managed by the RSM agreement that is withholding distributions since May 2017.

RSM may be replaced. Maybe the Katz Substitute Preferred motion is part of it.

Hopefully, more will be disclosed this week.

Good luck.