Replies to post #58901 on Lehman Brothers Financial SA (LEHNQ)

[stockmojo9]

j-dub,

"The trust cannot make distros until it receives distro on the LBHI sub-notes."

And, isn't it correct that LBHI cannot benefit from NOLs unless the CTs are current as the only remaining equity trading?

Aren't CTs paid as NOLs are contributing to LBHIs tax operations?

Unless, CTs are assumed by JPM/BCS/SF or some other group that has not directly disclosed the fact?

To write off $200B+ of more debt seems like it would result in more than $55B in NOLs but it would be a "killer" to use a term from The Donald.

mojo