Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

MAKE IT SIMPLE.
LBHI IS BROKE AFTER THE DISTRIBUTION OF ASSET. IT WILL NEED A NEW CAPITAL TO STAY AS A GOING CONCERN. BUT ANY OUTSIDE CAPITAL (acquisition) WILL NULLIFY THE NOL. THE ONLY SOURCE CAPITAL THAT CAN BE USED WITHOUT LOOSING THE NOL IS THE MONEY FROM THE OLD COLD DEBT SO EXPECT THE CREDITORS WILL AQUIRE LBHI. AS A NEW OWNER, CREDITORS WILL STILL HAVE A CHANCE TO RECOVER THE UNPAID DEBT OF ABOUT 128B. (converted to equity ownership in addition to the injected capital)