Lehman Brothers Financial SA (LEHNQ)

[stockmojo9]

If the Waterfall is in Europe, let the European Office buy the CTs and OBS.

When that deal is done, they can work on a deal for the other claims subject to compromise.

Judge should push the attorneys for it.

They are holding things up with delays and not keeping with prospectus covenants and losing business.

Dodd Frank and Warren don't want TBTF Financials and the IRS is willing to eat the taxes on it.

So, why keep the Holding Co in the US?

I don't know what remains after they BK a Holding Co and not let it re-capitalize but it doesn't look like US regulators and Trustees are letting it reform.

So, let the equity out! They didn't include us in all their Reindeer Games anyway!

How competent of a system do we have in US Courts that doesn't honor Corporate Guarantees and deferment covenants for Tier 1 Capital while their politicians vote to change regulation on the security class?

Additionally, the Court allowed all the Sub Debt coupons to be re-allocated to other Claim Classes, including some claims that did not have right of repayment over the Sub Debt they've been stealing from.

And, our politicians have made all this mess because they didn't want to do a bailout they ended up doing after Lehman filed as per their request.

They couldn't do it cheaper than they could at this time, unless they did it within the initial 5-year deferment period.

mojo