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Re: cottonisking post# 12621

Friday, 08/17/2012 2:53:03 PM

Friday, August 17, 2012 2:53:03 PM

Post# of 111084
Damn nice find Cotton! Man I feel like I owe you big time if and when this thing pans out. For sure I'm buying you a swanky dinner and if the pay-out is huge, the wine tab goes higher!

So let me get this straight...
Lehman EX employees have stock options and they are claiming that LEH should pay up on the claim. And LEH is saying fine, we'll pay, but we will pay you back by issuing you stock in the OBS.

is that correct?