Replies to post #35269 on Lehman Brothers Financial SA (LEHNQ)

[catdaddyrt]

wow cotton that is nice - just what we have been waiting to hear


.” The Joint Administrators disclosed that “[t]he recent
strengthening in the financial position of the Administration now suggests that an outcome close
to 100% recovery is likely in the Low case scenario, whilst in the High case scenario there would
be sufficient funds to settle in full all ordinary ranking (unsubordinated) claims with a significant
surplus available to fund claims by Shareholders and/or other unsecured creditors’ claims for
post-Administration interest.”


things happen all the time that some think are impossible -example:
10yrs old

[Joe Stocks]

Unfortunately the CTs fall under LBHI and not LBIE. LBIE is a non-controlled debtor affiliate. LBIE claims were always seen as seeing a near full to full recovery. Lehman Brothers International (Europe). LBIE was Lehman’s European registered broker/dealer, based in the United Kingdom. LBIE offered a variety of security brokerage services and was regulated by the Financial Services Authority.