Lehman Brothers Financial SA (LEHNQ)

[stockmojo9]

Are LBHI, JPM & BNYM considering the NOL value drop per the tax rate reform from 40% to 21%?

If the US Trustee signed off on the NOLs as part of the deal, I'd expect they are to be used.

So, how do you cover $10.176B in subordinated debt & an OMBS Preferred stack of $8.53B with $55B NOLs at 21%?

Forget the COD.

The NOLs were the deal signed off by the Plan Trustee and the reason the CTs trade.

So be it.

mojo