Replies to post #111512 on Lehman Brothers Financial SA (LEHNQ)

[ron_66271]

Therefore Lehman’s is a Going Concern.

One cannot offer new contracts if one hasn’t paid their past debts.

Excellent post.



Ron

[cottonisking]

Is this why you purchased lower priority J stock shares, in 2011, versus higher priority securities' linked to subordinate bonds, such as our CTs? Thanks, for your posts. Look up and not down to see the waterfall.

toogoodfella

Re: None

Sunday, 09/22/2024 8:46:47 PM

RE: 6.00% SUBORDINATED DEFERRABLE INTEREST DEBENTURE DUE 2053

——//——-//———

YOU CAN READ BUT IT DOESNT MEAN YOU HAVE THE COMPREHENSION.

IT IS SO CLEAR SAYING “SUBORDINATED”.. AND THERE IS STILL 130 BILLION DEBT AHEAD OF IT.

IT IS ALSO CLEAR IT IS DUE ON 2053 SO A GOING CONCERN LBHI IS NOT OBLIGATED TO REDEEM UNTIL 2053.

Common sense or just a coconut shell??