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The end is near. If not this year it will be in the early 2018.
CTs (Preferred Securities) first, Preferred Stocks second, Common Stocks last.
CTs (Preferred Securities) first, Preferred Stocks, Common Stocks.
You misundertood my two messages. The first message under 74438 states: NO BIG DEAL. The CTs are known to be Capital Trusts (TRUPS) - Preferred Securities. Capital Trusts are Preferred Securities. Common Stocks are Preferred Stocks.
I wrote the second message under 74440 only to correct that sentence "Common Stocks are Preferred Stocks", because even a stupid - derain person should know that a common stock is not a preferred stock. I wrote the Preferred Stocks such as LEHJQ and LEHPQ to clarify it.
(Corrections: Common Stocks are Preferred Stocks) LEHJQ, LEHPQ, are Preferred Stocks.
NO BIG DEAL. The CTs are known to be Capital Trusts (TRUPS) - Preferred Securities. Capital Trusts are Preferred Securities. Common Stocks are Preferred Stocks.
That will be very good. But Class 3 is not yet satisfied in full, right? Please correct me if I am wrong. I know they should receive 27% of their allowed claims plus interests to be satisfied in full.
I can see that almost all of you are old timers posting for several years. I am wondering why the CTs prices did not improve as if some powerful hands are holding the CTs down for reason. I heard things about master makers - brokers manipulations and does anyone think we have them in the CTs too. With Washingtom Mutual we have Bofan at that time and he guided us to report to the authorities manipulations. I just wish we have Bofan in this Board.
Mellow, in your example the $1,000,000 are all debts. Lehman is different because Lehman has so much assets than liabilities even before they filed for bankruptcy. The assets went down to 20cents on a dollar because of the economic condition in 2008. The losses are so huge and they are NOLs.
Very Interesting 55 Billion NOL Comment of Mr. Brandt in 2012 for Vulture investors.
http://www.crainsnewyork.com/article/20120311/SUB/303119973/the-case-for-lehman-brothers
Yes Jersey, I really believe that we will be paid in this distribution. Class 3 through 5 were already satisfied in full and they are currently receiving post interests payments which is required by the POR. The 1.4 Billion came from the withheld money of JPM and as per settlement with LBHI the money will be paid to the derivatives underwritten by JPM and guaranteed by LBHI. So I cannot see any reason why it can be reallocated and given to Class 3 through 5 for post interests payments without violating their settlement approved by the court.
I believe we will receive payments in this 10th distribution because the money was withheld and came from JPM, the underwriter of the four capital trust CTs, for derivative payments of the CTs which was guaranteed by LBHI and underwritten by JPM. The settlement between JPM and LBHI for the release of the money was approved by the court. I believe the payments will be made directly to our accounts.
You are funny. Look at the dates. It is even showing the January 27, 2016 short sale of more than 50,000 shares LEHNQ reported to FINRA. The last short sale is February 10, 2016. Investors trusted this site. However, Short sellers, especially naked shorties, does not like, hate, this site.
You are funny. Look at the dates. It is even showing the January 27, 2016 short sale of more than 50,000 shares LEHNQ reported to FINRA. The last short sale is February 10, 2016. Investors trusted this site. However, Short sellers, especially naked shorties, does not like, hate, this site.
There are many other sites and shortvolume is one of them. Joe, I am amazed you don't know it?
www.shortvolume.com
There is a 50,000 shares LEHNQ sold short on January 27, 2016. I think the last sold short of LEHNQ as per FINRA was on February 7, 2016. How can the Shorties cover with very few sellers? WOW!!!
The shorts accumulated for few months but it will be very hard for them to cover because of very few sellers.
Expect a SHORT SQUEEZE that will start next week. The capital trusts CT's are heavily shorted. They are manipulating the CT's trading for a long time now. They will be very scared next week.
I'm also with Scottrade and my "J" were also reinstated. When I called them up, my Scottrade broker said that there will be a payout for "J" stocks but he do not know when it will be.
GLTA