Lehman Brothers Financial SA (LEHNQ)

[highwaymap]

Good point. Not too many people see that. The subordinated guarantee covers both affiliates and subsidiaries. The Important Covenants of LBH are powerful on its own. You combine that with the parity to form the subordinated guarantee and the right for shareholders to sue.

And the no discharge unless they reissue us our sub debt back on a major exchange. That is in the guarantee too and protected by bk code 510a