will LEH come back after filling bankrubtcy?

Discussion in 'Trading' started by freewilly, Sep 14, 2008.

  1. If LEH files bankruptcy, will it come back in 3 -5 years. I remember many airline filed bankruptcy probably around 2000, but most of them came back to the peak of $30-60.

    Any thoughts?
  2. cszulc


    The airlines were new companies, though. Old existing shareholders got nothing of the new company. They were wiped out.

    Exactly what a Ch 7/Ch 11 bankruptcy will do.