Replies to post #94549 on Lehman Brothers Financial SA (LEHNQ)

[slimugrian]

Hi Argus,

It's not 6.2 Billion USD. See the link below you posted earlier. Find the 3 Lehman papers. On top of the page is "Face amount" not "quantity". So it is just 6.2 million USD of MCAPS and even smaller amounts of other two papers.

https://www.streetinsider.com/dr/news.php?id=18714422&gfv=1

Cheers
Slim

[highwaymap]

The question is do they have a subordinated guarantee? If they do, it is protected by Bankruptcy Code 510(a).