Replies to post #92061 on Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

I think I read enough. Good luck guys.
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Yes you’ve read enough but only from your own post. I noticed it because you kept asking my explanation on how CTs became an equity despite of my multiple posts in explaining it.

And I repeat again;

CTs are “preferred stock” issued by the trust but guaranteed by Lehman. It will not be LBHI stock if not guaranteed because it is not a Lehman issued stock.

YOUR BONUS;
1) 10-B claim is just a debt that can be discharged in the POR but the guaranteed preferred stock will remain.

2) Even the trust can be discharged too and still the guaranteed preferred stock will remain.