Replies to post #54974 on Lehman Brothers Financial SA (LEHNQ)

[sidedraft]

Yes, it's like someone owes you $1000, with 10% quarterly interest, but they can't pay you the quarterly interest, so they give you another IOU in the amount of the interest that they couldn't pay. And you are owed interest on the new IOU. And they still owe you the $1000 also.