Lehman Brothers Financial SA (LEHNQ)

[marayatano]

Gee, so do you understand APR yet? You state CTs can get a divy without higher tiers creditors get their principal? LOL Then you state that equity cannot get paid a penny without CTs getting paid in full. So which is it?

APR or NOT APR.

I guess if you own CTs, you make up the rules to suit what you hold right? Ha ha haha I get how you operate. After you sell your CT, are you gonna buy LEHPQ (preffereds) and then say, "ya, seniors and CTs do NOT have to get paid in full because I own LEHPQ and we are going to get LAMCO!" LOL

Your own post:

Starnes Member Profile Starnes

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Thursday, February 09, 2012 10:24:53 PM
Re: littledevils90210 post# 7239
Post # of 7341
My 2 cents: A 20% recovery on the CTs for you means $1,500,000..Full face is $7,500,000.. Based on priority you will have to get the full face before a cent from LEHPQ..

Would you be able to make it on 7.5 million? If not then would you buy more of the CTs or other?? Your decision.......

Simplistic but...........

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71937032

Now, in order for LEHPQ to be paid, then CT would to be paid in full. Gee, can't you apply the same principal to seniors being paid in full before CT sees a cent?


You are just the pot calling the kettle black...

You are lost..The "Absolute Priority Rule" is the rule that you always refer to..That has been proven to be a failed experiment...You have on three occasions given false and misleading statements, simply because you are deceitful or uninformed....Here is a bit of education regarding the priority rules...Not for you, but others:http://www.bernsteinlaw.com/publications/bankdict.htm

Come on, all you are doing is throwing links to stuff you don't understand.




imo