Replies to post #85461 on Lehman Brothers Financial SA (LEHNQ)

[stockmojo9]

jers,

How many claims sold for how much?

I guess we'll know soon.

We know they took $126B and left many hanging.

GL

[SwissCheeseAccount]

Docket said that future distributions will go to sponsors. Not sure how that will work if some dont sell. Do they split the 1.7b distributions half and half? And what's the point of selling to a sponsor if LBHI will be back in square one paying off creditors? According to the docket it sounds like they are paying off a credit card with a loan.