Replies to post #103220 on Lehman Brothers Financial SA (LEHNQ)

[AZCowboy]

~ TooGood, Do You Have Any Thoughts or Opinions Regarding The Necessary Operational Cash The Reorganized "Shell" Would Come From ? ~

I'm Thinking About The WMIHC' (newco) Implementation With A Credit Facility ($125m) and a gifting ($75m) ? ... H's were capped, and the newco' shares were issued to the remaining impaired classes' 19(preferred bonds), 21(a litigation completion), and 22 (the 22's were the commons)

Thank You For Your Participation

AZ

[stoxjock]

Well, how exactly will the Sr. Creditors be 'satisfied in full', then? What did they exchange their Debt for, by foregoing the $31B in cash that was not paid to them? Obviously, they will have to be issued Equity in Exchange, we don't know whether it will be New Commons or Preferreds or a Mix of both.

Let's not get into 'argument mode' for everything and engage in respectful discussions...

[SwissCheeseAccount]

The shares are exempt from certain sec rules