There is nothing to recapitalize. No debt. No assets. There is no longer a business. How do you recapitalize nothing? And why would anyone want to recapitalize Lehman. If one wanted to invest capital they would be better off starting from scratch and not have to deal with old Lehman baggage. And what really does not make sense, you expect new capital to come in not to have a return on the investor's investment, but to make you whole.
Think of me as Moses. Let me part the seas of your ignorance and lead you to the light. The CTs have been dead money since 2011 when the disclosure statement came out showing the CTs with zero recovery. Dead money for 12 years and you are still in denial.
You know, in the whole world investing universe there is no one other than you posters here that still think a recovery is possible.