Replies to post #84166 on Lehman Brothers Financial SA (LEHNQ)

[zulual]

Looks like MMs don’t believe your thought, otherwise ask prices should drop just 1-2% higher than bid prices like all other stocks.
For worthless CTs as you said, MMs shouldn’t raise the ask prices 2 to 9 times higher than bid prices. They can make more money just by selling as much shares as they can even if MMs hold no shares.

[stockmojo9]

joe stocks,

Do you ever ask yourself, "What is the fraud and when did it start? Am I advocating for fraud and why? Why should the perpetrators get away with the crime?"

What did the CT shareholders do?

The CT holders read the guaranty in the prospectus, bought the shares at a low price, were assumed to reject the POR that impaired the trading value and let the Court and re-structuring divisions pursue what they decided to address all concerns, even if it meant re-allocating to Senior Classes while their shares continue to trade over the pinks.

The shares can be exchanged for other shares in a re-structured firm. The entire subordinated issue totals over $17.65B.

The CT holders didn't change the rules, over ride a prospectus and move the goal posts. They did nothing illegal. They didn't hold the fire sale.

You advocate for the debtors who would abscond with this subordinated position.

Do you ever listen to yourself as you post?

What more can CT holders do?

Good luck.

mojo

[lucmariepierre]

Because it was in bankruptcy wasn t it