Lehman Brothers Financial SA (LEHNQ)

[stockmojo9]

The term "discharge" seems to be presumptuous.

If we define the POR as a liquidation, then to identify the CTs as debts to be discharged upon accepted settlement is logical.

But, the Court is approving a plan to make an entity exit from bankruptcy so the discharge of a debt that could be brought current and re-instated as equity can not be precluded.

Furthermore, recent press releases give hope that more rather than less can eventually exit in a new company or merge with another institution.

Lastly, I think the market still remains with a void without Lehman, if Lehman exits bankruptcy they will serve a purpose.

Thank you.