Lehman Brothers Financial SA (LEHNQ)

[Jimzin]

That's the mystery and riddle...in a nut shell.

As cotton and others have mentioned, a "trust event" has to take place first and then we get to see how they handle it.

IMHO, the CT's could return to the OBS after a default on the interest due...LBHI is not yet in default on the CT interest, as you probably already know.

one thing for sure is, this is one mind bender.

Cheers all