Lehman Brothers Financial SA (LEHNQ)

[jshuey]

It seems to me, after reading some of the DD done by board members, reading the POR, reading the FAQs on the EPIQ site, and past history (i.e. WAMU), if LB survives in some way shape or form (not 100% guaranteed) we may have our Trust interests replaced by shares in the surviving entity. I can envision no case where commons or preferreds will see anything. (Other than a LT Capital Loss write off.)

In any case, I also suspect it will be 2014 or later before we find out what if anything we get.

Not trying to be a wet blanket, just trying to summarize my thoughts.