Lehman Brothers Financial SA (LEHNQ)

[stockmojo9]

Thanks, swiss.

On page 10 of the Auction Motion, I reviewed this:

"Purchase Price Notice
i. Upon selection of the Sponsor, and not less than two business days prior to the hearing to consider the entry of the Election Order, the Plan Administrator shall file with the Court a supplement providing the following information (the “Purchase Price Notice”):
1. the identity of the Sponsor for each Eligible Class;
2. the Rate for each Eligible Class;
3. any additional documents to be submitted to holders of Eligible Claims in support of the Claims Consolidation Auction or as may be directed by the Court; and
4. a summary of the bidding process"

Why is a "Rate for each Eligible Class" established by the Plan Administrator?

It is clear the CTs trade at established algo minimums for an artificial ceiling.

Now it looks like we have some "Marxist" rate from the Administrator?

Where are the free markets?