Replies to post #5958 on Lehman Brothers Financial SA (LEHNQ)

[guster0]

FWIW from yahoo:

Read the Reorganization Plan and the Disclosure Statements including the Exhibits and Attachments. In summary the creditors will be paid a total of $65 Billion as full payments on their claims. In excess of $65 Billion, the CT's is next in line to be paid in full, then the Preferred, and then the Common Stocks. If you did your homework, you will find in the Disclosure Statements that the Assets of Lehman as of December 31, 2010 was $250.707 Billion with Liabilities of $310.828. The liabilities of $310,828 is currently $65 Billion due to the approval and confirmation of the Plan.

Whether you should buy or sell is now the question. A prudent experience investor must research and study the following:

1. Can Lehman sell the $250.707 Billion Assets for more than $65 Billion in today and future markets?

2. Does Lehman really have $54 Billion NOL ($48B Plus Additional more than $5B) that was not included in the Balance Sheet?

I am also a veteran of WAMUQ and
my own conclusion and belief is that Lehman will exceed the $65 Billion mark and that the CT's, Preferred, and Common stocks, will receive distributions after the entire assets are liquidated.

BUY then HOLD