As long as they hedge the risk, they will be ok.

来源: worriedmom1 于 2008-09-21 07:55:56 [] [旧帖] [给我悄悄话] 本文已被阅读： 0 次 (213 bytes)
I think Bank of China is on the list of the largest unsecuritized debt holders of Lehman.

The bond of Lehman now is traded at 30 cents per dollar, implying the recovery rate is around 30%.

Good luck.
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