News Focus
News Focus
icon url

hestheman

05/15/12 8:41 AM

#9898 RE: hestheman #9897

That being said, I am still of the opinion the reorganized company will use CTs in a debt for equity swap to make us whole (or MORE than whole). I believe that has been their intention all along and will find a way to do so regardless of the JPM issue. Remember, Lehman can merge/form a new company literally at any time during this "wind down" process....and I wholeheartedly believe that will happen. One morning we will wake up to read all kinds of new online articles reporting on a huge merger with a company that wants to utilize our NOLs. Trust preferred shareholders will be right in the thick of it IMHO. Congratulations to everyone who holds shares here, this will be a lifechanger (or at the very least a wifechanger LOL)
icon url

Ace_of_Wands

05/15/12 1:44 PM

#9909 RE: hestheman #9897

Sort, why again would we get paid in full by any other means than via nols?

Without the nol-voodoo, we need cold hard cash, no?

2 cents, LD, help an F&Fer out
icon url

lucmariepierre

05/17/12 3:35 AM

#9958 RE: hestheman #9897

when preferred would receive the majority slice of the 51 percent ?