Lehman Brothers Financial SA (LEHNQ)

[newflow]

$55B NET OPERATING LOSSES
CLASS 10 SHOULD BE SATISFIED BEFORE CLASS 11 AND 12.PERIOD, AS PER THE PROSPECTUS.

NOLs CANT SURVIVE WITH OUT OLD AND COLD EQUITY JMO.

ASSETS WERE 690B

LIABILITIES FILED WERE AROUND 1.1 TRILLION,KNOCKED DOWN TO AROUND 340BILLION.DICK F WAS HIRED IN INITIAL DAYS, HE HAD AROUND $400 MILLION
WORTH OF COMMONS.THEY FIND A WAY,JMO.

I DONT THINK THE CREDITORS INCLUDING CLASS 10 WOULD GIVE UP ON NOLs, THATS
A GREAT HELP FOR COMPANIES LIKE JPM CITI BOFA..ETC.

THEY CAN MAKE MONEY LEGALLY OUT OF CARCASSES, THEY KNOW THAT BETTER THAN ALL OF US RETAIL COMBINED,JMO.