Replies to post #13544 on Lehman Brothers Financial SA (LEHNQ)

[guster0]

sensitive subject for sure.
IF the 35 billion left overs are around after the creditors are paid (in full or ???) It will be an interesting fight.
I just don't know how seniors get the shaft and we don't??

I agree with Mar. It just makes no sense..
Enough from me......

I do hold "N's" and like some on this board I am not selling. a single share (RIGHT OR WRONG)

LOL

GLTA!

[hestheman]

Yes, The prospectus specifically states that the guarantee cannot be discharged. Part of that guarantee declares that CT's will be ON PAR, or equal to, any future Lehman Brother Holdings senior preference or preferred stock issues (Now or hereafter).