Friday, August 24, 2012 10:11:21 AM
I believe your post is spot on but would appreciate more reasoning as to how/why you come to this conclusion..."Most likely, reg preferred and common equity classes are done also."
haven't reg preferrds and commons already been cancelled and then placed in the OBS per the POR, to be managed by the plan trust board? this doesn't sound to me like we will be "discharged" like the higher debt classes can legally be discharged in BK once LEH completes the respective negotiated settlements with the POR voting classes of debtors.
Cheers
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