Quote Originally Posted by Lee View Post

It also just goes to show that even if a company does file for bankruptcy protection, it doesnt mean that they are going to go bankrupt.

Regards,

Lee
That is true. However, from an investor standpoint what really matters is the share price and how much money goes to the common shareholder after all other liabilities are paid off. There is no indication that common shareholders in Lehman will get anything whatsoever. Many companies have come out of Chapter 11 and have had their common shares worth zero.