Lehman Brothers Financial SA (LEHNQ)

[OnlyinitfortheMoney]

Who actually has our CTs now? LBHI? And if they are not part of the BK, does that mean LBHI has them, but they're simply not included in the bankruptcy assets? Is that even possible? If money for the CTs is being reallocated, wouldn't that pretty much confirm that LBHI does indeed still have them (i. e. the trustee) and they ARE a part of the BK assets? And if they're not part of the BK, wouldn't that indicate that someone else has them? The non-payment of divvies can only mean one of two scenarios: either the CTs are in the BK and fall under the automatic stay, in which case LBHI has them, or it means, someone else has them, and that someone has implemented the 20-quarter deferral, which means nothing ever got reallocated, and we're owed RV plus divvies and interest. If the 20 quarters pass, and nothing happens, we'll know that several sources did not tell us the truth about the CTs not being part of the BK – for whatever reason. And if they are tied up in litigation, and the judge decides someone else has them, we're still owed RV, divvies and interest - right???
Or am I totally off base on this?