Replies to post #82928 on Lehman Brothers Financial SA (LEHNQ)

[wayne49]

Those two points I understand. But, I remember distinctly and read on a letter which someone posted. It was a letter from the ECAP trustee to the ECAP holders on an update?? or some type of communication. In that letter it states that the trustee cannot file the guarantee for the ECAPS but each individual holder can and should seek an attorney. I read it. I just cant find it anymore. Can someone please repost? Thanks.

[stoxjock]

"On the other hand, rickey/cotton claims, "LBHI guaranteed the liabilities (CTs & ECAPS), including ECAPS LP 1 thru 3 subordinate notes, issued by LBH PLC with the June 9, 2005 Global Guarantee or Board of Directors' Resolution."

Is there a copy of the resolution of which cotton speaketh? "

That is there is the Prospectus itself... That is what Cotton is referring to, WRT each of the CTs...