Replies to post #75685 on Lehman Brothers Financial SA (LEHNQ)

[zulual]

I guess so, the new shares should be related to new company.
The total face value of the CTs is on JPM’s hand ~ COLLATERALS.
JPM will transfer collateral to new company. IMHO

[OnlyinitfortheMoney]

If they float new shares with a book value that equals "paid up value", who can say what their value would be the next seconds or minutes after trading begins. Or am I on a totally wrong track here?