Lehman Brothers Financial SA (LEHNQ)

[marayatano]

I am 100% certain that CT is "considered" subdebt. If you know how it is structured, then you would agree as well.

Sorry to say, if you think the $65 is a settlement, then I am certain this is your first bankruptcy.


There is a person on here that "claims" that their wife is an attorney who practices in bankruptcy law.

I suggest you tell that person to confirm that $65 billion is not a settlement and that seniors are entitled to 100% payment in full plus post petition interest.

I am certain. I guarantee it. I am 100% sure. I am positive.

imo

Whoa slow down there....65 billion is the approved claims. Unless its an approved claim, it will not be paid out. An allowed claim has to get approved to be paid. The 65 billion is negotiated on like 20 cents on the dollar. It is not a projection. You need to get that cleared up. I do not think you read filings and just following the word of the boards is misleading. That is BK for you. It will not be called BK if they have to pay everything. If they will have to pay everything then why file for BK protection....go figure..devil


BTW, Please do not make claims of certainty because you do not know. None of us do. CTs, I hope is debt too but only time will tell when the effective date is issued. I can tell you this CTs are not the sub-debt that is guarantee(ing) the CTs. You mean LEHNQ and the other 3 is guarantee(ing) themselves? No way. Does not even make sense....go figure..devil