Replies to post #27845 on Lehman Brothers Financial SA (LEHNQ)

[rlinterests]

Nice. Thanks.

So, 14.9% of the $25 claim, which is $3.75, can-will be reallocated to Senior debt under the POR?

[JERSEYHAWG]

A question if you will. So for arguments sake if the CTs were going to get a 50 percent payout, THEN 14.9 PERCENT of that would get redirected to higher classes per the POR. And then they would be considered as paid per the POR requirements? Is that right?

Maybe that's where LD / coca goober gets his ballpark 80% payoff dollar amount for the CTs?
LD/ coca,,,,,,^^^^^^^^^ that question is yours,,,,second part.