Replies to post #14337 on Lehman Brothers Financial SA (LEHNQ)

[catdaddyrt]

If compensation happens there will be a solid reason behind it

it may next year before anything happens may be next month- if I end up getting nothing for my TPS amd CTP my life will go on - the out look is favorable now - much better than 20 months ago -

I have the same expectations I did when I bougth this stock -a lotto play - complete loss or homerun - nothing has changed on that - it just stokes me to see the the batter warming up - will he hit the ball ? don't know but he sure will try

these wallstreet guys have no mercy on anyone - any class surviving or getting paid will be due to necessity or gain not out of kindness-

[toogoodfella]

Penny....... I don't think Lehman, the creditors, the trustee, or the wife beating judge every thought what the best interest was for the shareholders.
+++++++++++++++++++++++++++++++++++++++++++++++++

The system doesn't work this way. They will make decission based on what is their obligations according to certain rules.

[chaarles]

They are only keeping alive all the pref and commons so when they reorganize there is not an ownership change and they can use the multibillion NOL attached to the previous equity.
That is the ultimate goal of reorg lehman, to maximize the use of the NOL. For that They need to demonstrate that at least 51% of the entity going forward is owned by previous equity or old cold debt.
So IMHO do not expect cash distributions, all we'll get is certain number of shares in the reorg lehman and I believe the CTs are in a very good position to get a very nice piece of that cake.
Be happy that there is a huge NOL to be used and they need us to use it, if not they would have cancelled all equity rigth after the effective date.