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Re: toogoodfella post# 51027

Monday, 10/27/2014 12:22:46 PM

Monday, October 27, 2014 12:22:46 PM

Post# of 116240

The involuntary chapter 7 may force LEHMAN to liquidate the remaining asset to accelerate the Trups. This may cause a bad effect to the preferred and common if there is a need to capitalize a new business.





Yeah. So what?

Why should CT's care? I just want the money owned CT's.

How about this, a transfer of monies(cash) owed to CT's to preferred and common in exchange for "new stock", will benefit preferred and common, reduce-not eliminate- the need for dilution in the future.

But, I fail to see the benefit to us, CT's.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y