Replies to post #48635 on Lehman Brothers Financial SA (LEHNQ)

[VivaLasVegas]

Wouldn't they have to make current... Not just give a year or two of back divi's.
They have the money to pay all back divi's plus interest don't they? Make it like nothing ever happened to the CT dividend stream? Then they can push all the groups together and begin with the next chapter of this BK... the NEWCOMPANY.... ???????

[Joe Stocks]

>>just enough back dividends and interest to keep them away from the 20 quarter deadline/default,<<

Huh? The CTs went into default the day Lehman filed the bankruptcy. That was about 24 quarters ago. The main thing in the way of forming a newco is that they have no business and EVERYTHING is being liquidated, sold off to pay the creditors. There is no capital to start a newco.

You guys act like the Cts are some kind of prize in some grand scheme. The are just a small fish in a sea off many, many more larger fish (more senior debt). The Cts have no value outside of their class 10B claim.