Lehman Brothers Financial SA (LEHNQ)

[littledevils90210]

I agree...this overall is a fun board and some goobers actually have the intellect to come up with dd that challenges conventional interpretation of bk law. What I find facinating is that some goobers had actually dug deep enough to make me second guess one of my previous transactions. I too have built on my bk knowledge reading and dd further on leads from this board. After this play, we will be even more dangerous going into the next crisis....

With 53000 shares of CTs, you will be fine. I am a bit more optimistic about the chances of CTs cashing in than you. As long as the POR is satisfied in full, IMO we will be in the money. As of 3/2013, Lehman have about 10 bilion free cash and about 5-8 billion more could be released from reserved depending on the near future status of a few claims. The cash is therevto satisfy in full the POR. And we have not even touched on the remaining assets yet....until then...and as always....you win some and you lose some....and life goes on....go figure...devil