Lehman Brothers Financial SA (LEHNQ)

[highwaymap]

"LBHI guarantee is just in the background."

What do you mean by that? You do know that the current equity will get discharged right? I am not banking on US to be with equity. We are not equity nor should we want to be equity.

Why do you think there are lawsuits now? That is because as where we stand now, we get nothing. Debt to equity will happen and our shares will be reallocated. LBHI will take a discharge. Where do you think that is going? Not to classes 1-11. All those classes will get shares with 10 and 11 being reallocated. Equity is gone.


They can still preserve the NOLs if they discharge equity. We are not equity. You dont want to there. Why do you think others decline to be put into the equity class? It's not because it's safe. The guarantee is what is going to save us. Be glad its effective and in the prospectus. We dont have to do anything more and the covenant is still enforceable. The judge is picking which parts to enforce and which part not too. If you were to study what is going on, you should see this. The covenant and Appeals is what we got going for us. Wu is fighting tooth and nail to get the covenant honored as it should be. The people you guys need to talk to are Wu and Waske. Let's wait for the order. I want to see it and read the transcripts.