If LEH starts paying just the dividends on the CTs starting next quarter, we would be at face value overnight. Any CTs that have been held by the estate can now be sold back to the public at Face value and a lot of capital raised. With that capital infusion and the NOLs to take care of, LEH can truly return from the grave and I am betting thats exactly what Barclays is planning for this. Maybe a conspiracy on my part but stranger things have happened lately and so, anything is possible.
Anything that I post related to stocks is my own opinion and should not be considered an offer that you cannot refuse. But if you do refuse, my consigliere will be there to see you!!