Lehman Brothers Financial SA (LEHNQ)

[stockmojo9]

sidesy,

It <$.02/$1.00 on $10.5B of $34B+ for LBT Treasury claims in Europe.

That likely isn't the debt service on the notes. Might cover payments for the quarter.

I posted this last week.

LBT distributed payments to noteholders but were shutdown upon BK filing.

They administer other notes, too.

So what, LBHI or successor now wants someone to distribute payments on $10.5B in claims if they buy the rights for a couple hundred million.

Where's it going?

mojo