Lehman Brothers Financial SA (LEHNQ)

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1. LBHI does not own LBIE. LBHI2 owns under 50% interest of LBIE. LBHI owns majority of LBHI2, if not all.

2. LBIE going concern is good news for LBHI2/LBHI but LBHI2 is not the majority holder. We will see money but imo, we will eventually sell our lbhi2 shares and take the cash for distributions.

ALL OF WHICH IS OWNED BY BARCLAYS. THEY WOULD HAVE TO CHANGE THEIR NAME IF THEY CONTINUE AS A GOING CONCERN! LBHI THEMSELVES ARE A SUBSIDARY OF BARCLAYS!

3. I am not sure how the NOL scenario plays into LBIE.

Huh??

4. ECAPs have two payouts. One in the UK and one with LBHI. ECAPs was already in the money in the UK before the LBHI lawsuit. The US Bk payout is gravy to the ECAPs. ECAPs is compared to the CTs because of their Guarantee.

highway if this is truly the case then why were the ECAPS trading @@ $0.04 CENTS???

5. Both ECAPs and LBIE are relevent to the CTs, if our guarantee survives. Right now, its expunged. ECAPs is relevent because of the parity, covenants and their guarantee. LBIE is relevent because all the UK litigation stuff are subordinated debt waterfall and we are only subordinated to senior debts and senior debts do not include subordinated debt securities. LBIE is huge for us all around from guarantee/parity, covenants to subordination.

WHAT ARE WE FIGHTING FOR IF LBHI HAS NO MONEY?????

I believe LBIE is also good for us in 10b. But, we have to fight for it. Or better yet, the 4 Ws are fighting for us while you folks trash them thinking there is an automatic pot of gold at the end of the rainbow.

NOT TRASHING!!! we just actually follow the events. ECAP holders filed their motion when the LBIE distributions were over!!! That is when they fought! And mind you ECAPS ARE STILL BEING LITIGATED AND THAT SURPLUS WAS RECONGIZED IN 2014 HERE IS THE LINK!::;

https://www.theguardian.com/business/2014/mar/05/lehman-brothers-administrators-surplus-creditors-paid


ECAPS HAVENT GOTTEN PAID YET!!! IT IS HEDGE FUNDS WHO BOUGHT THEM OUT AT A PREMIUM!!! A HEDGE FUND HAS NOTHING TO DO WITH ANYTHING LEHMAN RELATED THEY SIMPLY BOUGHT IT AS AN INVESTMENT ON THE COURT PROCEEDINGS THAT IS IT!


HIGHWAY, the wise thing to do is orchestrate this EXACTLY how deutsche bank and king street and others did and that is at the end of the distributions. ecap holders did not file anything during the middle of the LBIE bankrutpcy. they would havent ended up exactly how the "4 ws" did i can promise you that.

One more thing, the discharge provision that you guys quote currently is expunged

Lets say you are 100% correct. for the sake of everything, you are 100% correct on that. that would imply the CT's whole prospectus is not relevant, meaning CT's would have a right to convert to equity since it is now only debt. correct? and if that is the case CT's may recieve the J shares LBHI was trying to give ECAPS. because at that point who else would get them?