Where is the $ from the Barclays purhase of Lehman going? Is it paying off the companies debt? Is any going to the Lehman shareholders? I’m wondering as Lehman is trading at penny stock range. Some guy at work bought 1000 shares.
They will pay off all the debt for LEH pinkman but they in-turn get an equity stake in the firm [i.e. hire/fire new management i.e.e. SEEYA Fuld]. Willy