Lehman Brothers Financial SA (LEHNQ)

[marayatano]

1. The $65 billion is not an allowed claim nor a settlement, it is what debtors project they can produce in 3 years. The balance is due and owing until paid in full.

2. Yes, there are disputed claims. Some can be "slashed", allowed, settled, etc.

3. CTs are not part of that 1 trust share. I wouldn't worry about that. They are sub debt.

Good night.

imo

marayatano:

I think you need to understand a few things. Although there might me some wishful thinking in the logic below, it is not impossible. Here is why.....


Feel free to add your 2 cents....

1. approved claim is 65 billion. That means of the hundreds of billions of debt, bonds..etc. holders, 95 percent signed up for this 65 billion approved claim by the judge. Therefore, most claims are settled for that amount

2. Disputed claims have been slased significantly this past month. You have to re read the releases. I think the dispted cliams are now sitting at like 50ish billion (correct me if i am wrong)....and it is not over...LEhman is now suing citi for another 2.5 billion......

3. Here is the argument. Because of the hybrid status of CTs, The one share for equity might not apply to them. We can all argue about it but time will tell shortly. If they are not included in the 1 share equity trust, they will continue trading on the new and better financially improved lehman exiting from BK. And we hope the stock will appreciate then because they do hold good assets...also if not in the trust, and they exit BK, lehman have to pay CTs divy on the 20th payment date. It will no longer be suspended and it will be out of BK rules. IMO, those are a few reasons to buy.....

AND THE OTHER IS PLAYING the subdebt guarantee status...i will not get into that because its been beat to the ground already....

go figure..devil