Lehman Brothers Financial SA (LEHNQ)

[4Duxs]

Too, I have a question about the CT’s. Why would someone invest in them at the original offering? What was the motivation? They’re funding a BK in what seems historically you’d only get 20-50% back of your original investment. While the interest accrues there is high probability it won’t be paid or is at least uncertain. The funders must have something that they are getting. The CT’s raised a lot of money and it wasn’t dumb money. Why would someone fund a BK? I feel fine buying it in the aftermarket but I’m not understanding who would have bought at the $25/sh offering.
Thank you