Replies to post #48642 on Lehman Brothers Financial SA (LEHNQ)

[Joe Stocks]

>>One way to redeem is a debt to equity swap into a new company.<<

The newco would have no obligation to the CTs, and therefor no debt to swap.

[cottonisking]

JPMCB Risk Analysis Group: But, we want our cash now! Why? The cash has more value today! Another 911 would make the stocks worthless down the road!