Lehman Brothers Financial SA (LEHNQ)

[highwaymap]

Bro, there is single company accounting which is all the entities. For LBHI, they are the parent/holdings company. LBHI also accounts for LBHI seperately and as the parent(combined) with all the subs. With that said, LBHI's true liability is as Holdings. Therefore, LBHI is responsible for the consolidated financial statements.

What you are just starting to think is the reality.