Replies to post #106901 on Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

RE: All remaining Debtor NOLs not previously utilized to absorb taxable income of the LBHI Tax Group are expected to be……”fully utilized to offset income resulting from the discharge of debt on the final date of liquidation of LBHI."

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BIG “IF” LBHI DECIDES TO DISCHARGE ITS DEBT.. and that will be a suicide.

But remember, they don’t have to. Specially in going concern.
LBHI can convert all or in parts of its debt into equity, some into losses in partnership with creditors as NOL and some will just remain as debt.

IF YOU WILL EXPECT A GOING CONCERN, LBHI WILL NOT DISCHARGE ITS DEBT.!