Lehman Brothers Financial SA (LEHNQ)

[highwaymap]

I read all the District Court filings. Waske wrote an excellent brief. His response to Weil's brief is even better. Waske laid it all out there.

Waske covered, all aspects of the guarantee. He covered the dividend stopper, covenant, parity and discharge rights.

What is interesting to me is that the guarantee should have been enforced all along. Weil and LBHI just chose to look the other way.