Lehman Brothers Financial SA (LEHNQ)

[hestheman]

I personally think that the new company shares and NOLs will be the way we are settled. However, if Lehman makes a deal with JPM I would think (according to bk rules) our claims would be treated equal to that. Of course, there was no percentage cap on allowed claims for class 10B so JPM is going after it all (all of what they are owed) if i remember correctly. I seem to recall the Lehman attornies thought the notion of JPM being paid in full was ludicrous considering senior unsecureds were being paid some 20 cents on the dollar. Anyhow, if a deal is made, our claims must be treated the same. If they agree to a settlement of less than what they are owed, I wonder....if there is a chance we would still receive that same amount but be issued shares in the reorganized company (kind of a cash/share combo) to make us whole? Something to think about gang...