Lehman Brothers Financial SA (LEHNQ)

[littledevils90210]

basha: that is my only issue with his analysis but its a VERY THOUGHT OUT analysis.

I think CTs will be paid out by the NOL proceeds because 10B is siphoned and reallocated to other classes. What does that mean? It means to me that 10B is a place holder for us in debtorland. If and when NOLs is used via merger or whatever, the proceeds will go to the debtors first which IMO will satisy all debtors and would eventually flow to our 10B place holder and come to us.

keep in mind we only need 1.3 billion to see redemption value. From the BS info just released, some claims are being reduced and there are operations writeoffs which adds to the NOLs. Which means less debt and more NOLS which is good for us right?....JMHO...go figure..devil


HEISTHEMAN have a very thought out logical post and I agree with 98.786% of it. :).......go figure...