Lehman Brothers Financial SA (LEHNQ)

[jshuey]

http://www.bloomberg.com/news/2012-07-26/lehman-cash-flows-may-reach-40-5-billion-firm-says.html

"The former investment bank’s official exit from bankruptcy court after getting a liquidation plan approved doesn’t mean it is shutting up shop. The board is expected to stay on until 2016 or later, and cash flows may trickle in even after 2016, Lehman said in the filing.

August Plan

Under Lehman’s August plan, senior bondholders, including Paulson, would recover about 21 cents on the dollar. Claims on Lehman’s derivatives unit, such as Goldman’s, would be paid about 28 cents to 32 cents, with extra money from a guarantee, while commercial paper claims would get 48 cents to 56 cents, all based on each dollar of their investment, court papers show."