Replies to post #7322 on Lehman Brothers Financial SA (LEHNQ)

[radiumsoup]

I am merely pointing out that you were using ambiguous terms in your response, which does less good than giving no answer at all.

I invite you to reread post 7304, and then note the ambiguity of the words "principal" and "interest" in the reply to it.

After reading between the lines of your last post, I now understand what you've tried to get at in your attempt to clarify about interest/principal within the narrow scope of the CTs, if and only if you're referring to postpetition interest, but that's not even applicable here - and furthermore, that's not at all what the poster you're replying to asked about. We've come to the splitting hairs round of tonight's show, though, so if you insist on keeping that part of the thread going, I'm sure we'll be speaking to a rapidly diminishing audience. Best to explain fully once than have to rehash several times because others may not understand your original statement.

[littledevils90210]

"BTW, you cant account (pay) for interest on CTs unless it (CT principal) was paid in full as well."

Please explain this. I do not understand what you are trying to say. If you pay the principal in full for the CTs they are redeemed and there is no reason to payi interest. You are telling me that is not the case and they will pay out the principal and then pay interest? Something is not right there.