Replies to post #1134 on Lehman Brothers Financial SA (LEHNQ)

[linda1]

LBHI and WMI are my first bankruptcy investments and neither Corporation is at that stage as yet.


It will still be about 3 years before the liquidation of all of the bankrupt assets have been completed.


I presume that the Capital Trusts will still continue to trade on the market since the Plan of Reorganization only mentions that the equity


preferreds and commons will be cancelled once the Plan is approved.


Whether the CTs will see any recovery is still up in the air.


If the CTs receive some shares in LAMCO then there will be some value if LAMCO is successful.