Replies to post #35278 on Lehman Brothers Financial SA (LEHNQ)

[s404n1tn0cc]

I hope your right. So the company was mis-managed. but only to the extent of collateral calls by the BIG THREE. They just ran out of equity. CAsh... as in cash on hand. The Co was always solvent. Just didn't sell enough assets quickly enough. Everything Everywhere Froze. you could not Sell a thing. Trust and Faith was lost. And so where the sales. Note there are still lots of subsidiaries ... you might think of as OBS subsidiaries. This in my opinion is a very good
estimate IMO.