Lehman Brothers Financial SA (LEHNQ)

[Joe Stocks]

>>Section 382(I)(5) gives LEH the option to elect not to have the COD loss limitation apply ... Debt for equity<<

I would suggest you study section 382 a little closer as well as the Lehman POR. Lehman has no debt for equity exchange outlined in its courted order liquidation. Debt for equity should not be confused with distribution of equity.