Lehman Brothers Financial SA (LEHNQ)

[jshuey]

This is what I have been writing about. Our shares are in a trust. That trust is owed money by LBH. LBH owes us nothing. Never did.

We will recover if and when LBH pays funds to, or issues stock in a new entity to, the trust. The trust (remember thetrustee?) will then distribute whatever to us as "owners" of the trust interest. The CTs represent our ownership in the trust, and there is not a direct relationship between us and LBH. The only direct relationship is between the trust and us.

Read my 10302. I cannot make it any clearer, and it just isn't all that difficult of a concept.