The world knows the truth about Lehman Brothers equity investors (25,000 plus). Lets see if the Feds and private industry fluck them or offer them a merger to make Lehman Brothers equity investors whole!
Lehman Brothers issued new equity in the summer of 2008. To cash out the CTs now, would kill the golden goose and a merger!
High tide (a merger) will make it possible for all of the ships to sail out of the harbor safely!
I want to get paid for my CTs and preferred stock!
This play should be your pension plan. There will not be any quick money paid out by the Debtors.
Lets not be selfish. Lets be happy to own these securities at our purchase price.