Lehman Brothers Financial SA (LEHNQ)

[stockmojo9]

All these BNYM-Lehman issues are subordinated.

Overall, $10.176B approximately.

The question is, working with your contract law legal precept, "Are LBHI legal representatives observing their contractual obligations with BNYM appropriately?"

Your question as to who are the majority holders of the subordinated issues is good. Are they entities whose core investment activities are different from Lehman's Business Charter?

I'd also like to know what the proceeds for the funds were used for if they weren't all used for general unsecured purposes as were the CTs.

Also, were they all Tier-1? Again, I know the CTs are Tier-1 but are the ECAPS?

Is Face Value important? Yes, and so are cumulative covenants and 20-quarter Deferment periods.

I'll be sending a question list into LBHI this week.

I am not an attorney or CPA. I'm trained in Personal & Corporate Finance and Investment.

If I write to the Court and pursue a joinder with you & Mr. Wu, it may not have the same tone. It may include topics not a part of a specific, extricated motion to enforce an Outstanding Guarantee Resolution.

Filings are made daily on this case and LBHI has attorneys to sift through these filings to defend LBHI and their plans going forward.

If I could file something constructive, I would.

mojo