Lehman Brothers Financial SA (LEHNQ)

[hestheman]

P.S. one more quick note on this. A holding company can indeed bypass the approval of trust preferred shareholders using the 363 asset sale....but ONLY if they are selling a select, minor portion of assets. If they are selling all or substantially all, trust preferred shareholders must be accounted for through assumption by the debtor or by the successor through assignment. I do not believe Judge Peck screwed us over....but if he did this situation would definitely need to be appealed to a higher court IMHO.