Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

CT’s would get 0
—//——-//———

Interest must be paid on a going concern regularly, Back interest will be paid in full…That’s it…

Cts will just stay in the open market.
Preferred and common will also be in the market.. and business continues as it is.

This chapter eleven is just a financial reorganization.

LBHI is not obliged to redeem CTs, Not obliged either to buyback preferred and commons.