Lehman Brothers Financial SA (LEHNQ)

[VivaLasVegas]

Really? You're saying that on 21st going forward the CT owners will be earning 6%-6.375% interest?
At least going forward? You could expect these to explode in price if you're correct. I'm not certain you are correct but it will put a big floor under these if you are. With every year you'd earn 1.50-1.59 per share in interest.

Better than any savings/CD/account in existence today.

But aren't past due payments paid first to catch up and make current the divi/yield stream with these being cumulative?