Replies to post #12367 on Lehman Brothers Financial SA (LEHNQ)

[cottonisking]

Thanks marayatano. This will end our discussion on this topic.

"You do not have to have a CT to have a sub bond. LOL?"


You knew that I understand the structure of CTs even before you wrote the statement above, especially if you read my post.


"Trust/escrow, I never checked, however, they are not re-classed as equity as you stated. They are debt instrument. debt is debt."


So you support a postions for days without knowing the answer. Hmmm, let us know when you find out! Thanks. I await your answer.

I am still checking into LBHI Liquidating Trusts. LBHI has two types of trusts mentioned in the POR. A Plan Trust or a Liquidating Trust. Does a Liquidating Trust apply the "ESC" symbol to their trust securities as well 524ESC7M6?

Keep up the good work.