Replies to post #111733 on Lehman Brothers Financial SA (LEHNQ)

[toogoodfella]

ANOTHER CONFUSION TO OTHERS.. LMFAO!

Make it simple. All asset must be distributed to satisfy creditors.

Then LBHI is completely broke and will need new capital to stay as a going concern.

The same LBHI that stays as a going concern is still obligated to pay all deferred interest.

That’s how you will be paid in cash
But LBHI is not obligated to redeem your CTs until maturity. Although, you will have a chance to sell it in public.