Lehman Brothers Financial SA (LEHNQ)

[stockmojo9]

The CT prospectus allows re-allocating payments to higher classes under certain bankruptcy proceedings for 5-years or 20-quarters.

It has been 40-quarters, twice as long as permitted under the prospectus.

Why should we feel the past practice of redirecting CT payments is appropriate when the CT prospectus clearly states limitations to the practice?

Why isn't that considered fraud and looting the Estate?

It is the same for the rest of the subordinated issues.

Good luck.

mojo