Lehman Brothers Financial SA (LEHNQ)

[camaro4me]

Frank Dodd wants CTs redeemed.

"•TRUPS issued before May 19, 2010, by larger bank and thrift holding companies will continue to be treated as Tier 1 capital until January 2013. At that time, the Tier 1 capital treatment will be phased out over a three-year period ending in January 2016. The specifics of this phaseout of Tier 1 capital treatment are to be determined by the bank regulators."

http://www.mondaq.com/unitedstates/x/188842/Financial+Services/Treatment+Of+Trust+Preferred+Securities+Under+DoddFrank

No reason for them to redeem at this point...The redemption date on my CT's is 2053 unless they chose to redeem...Things I do think about