Lehman Brothers Financial SA (LEHNQ)

[marayatano]

You guys need to relax. CT are Class 10b, period. They are not Class 12, nor are they lumped into the pool of prefferds or commons. Whomever stated the CTs are Class 12 are unimformed.

They are not cancelled, they are only delisted.

Commons and prefferds are NOT part of LAMCO (wanted to clear that up). LAMCO is a sub.

The $65 billion number is NOT a settlement. It is what is projected to be paid out. Anything above the $65 billion projected are still going to all senior creditors until they are paid 100% of their claim plus contract interest.

There is no difference between allowed claim and approved claim. They are the SAME.

If you do not know any of the above, then this is obviously your first bankruptcy.

Relax... if you guys claim to "be here until the end", then it would not matter if they trade or not.



imo