why would you buy LBHI debt when you yourself said "if the ct's do see any kind of recovery they would probably get 5 dollars" and not LBIE debt when you say it was obvious from the start LBIE would see a full recovery? you literally had to spend a tad bit more money and would have made out like a bandit with the LBIE play. in all do respect joe that doesnt sound very wise at all.
I never saw debt offered in either one. LBHI was the play.