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Joe Stocks

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Joe Stocks

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Re: cottonisking post# 68060

Friday, 06/17/2016 5:01:30 PM

Friday, June 17, 2016 5:01:30 PM

Post# of 116240
>>Could Barclay's hold the majority of LBHI's TRuPS as a structured product? <<

No. Structure products are third party trust preferreds. In other words, Lehman may have issued preferreds which dividends are dependent on bond payments from a another corporation such as Goldman Sachs.

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