Replies to post #108444 on Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

RE: Does it mean that OBS (class 12) will have no value.
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No one knows until POR is closed.

All equities will have its values if LBHI stays as going concern with the NOL to be utilized. Commons will be heavily diluted to almost nothing but still stays. Preferred will stay on its face values.

The main reason is that NOL is non transferable and the true owners are the equities.

NOL IS THE ONLY HOPE