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Friday, September 26, 2014 11:51:35 AM
If the CT's were redeemed in this mannner
Lehman Brothers Holdings has the right to dissolve the trust at any time. If Lehman Brothers Holdings terminates the trust, the trust will distribute junior subordinated debt securities on a proportionate basis.
We would become class 10b debt and maybe get discharged..
Just my thoughts..Did you guys ever think this way?
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