Lehman Brothers Financial SA (LEHNQ)

[zulual]

If someone, maybe you, would lend me 100,000$, I either have to provide a solid secure assets as collaterals or I have to find a rich brother who promises to be a guarantee for any default payment of my loan.

If I filed BK, then there is a chance my rich brother’s liability will be cancelled by court? So You will get no money back?

So JPM got the collaterals on their hands, JPM has to return the money to higher classes of the creditors?