Lehman Brothers Financial SA (LEHNQ)

[Joe Stocks]

An example that you don't fully understand the CTs that you own. The CTs are just another form of debt. All bankruptcies have debt to be resolved through the bankruptcy process. On top of that the CTs are subordinate to all more senior debt. That means that the CTs do not receive any recovery until all senior debt is paid in full.

If you all would have followed my trades and got out of this one years ago when it was clear that the CTs would never see a recovery you would have made good money. Now you sulk for over a decade and fail to be able to admit that you have been wrong about this investment giving you a healthy return.

Wake up guys! Big market out there and plenty of money to be made.
I tried to help. You can't say you were not warned.